Paramount buys Dreamworks

[Alex]

I thought they'd go to Universal, but regardless the writing has been on the wall for a while.

It's a good thing they environmental protests succeeded in killing the plans for the Playa Vista studio.

It's interesting that Dreamworks Animation is held up as the jewel of the acquisition (by the Newsweek article, anyway) since it has hardly had a strong track record for sucess (outside of the Shrek movies).

I wonder if this will cause a problem for the Shrek stuff at the Universal parks since Paramount owns some parks of its own.