Classic Media Opens Doors For DreamWorks Animation: Jeffrey Katzenberg

The DreamWorks Animation chief tells CNBC that his $155M acquisition of Classic Media, which has 450 properties, will help with his expansion plans — including launching digital channels and providing entertainment in China. “We’re going to build on that library,” Katzenberg says. “This is not a last step. It’s a first step.” In addition, he teases that he’s about to announce a new TV show. Responding to a question about the Colorado theater murders, Katzenberg says he does not think it will result in people being searched when they go to the movies.

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