DreamWorks buying AwesomenessTV for about $33M




Business Top Stories from Associated Press (AP) show

Summary: GLENDALE, Calif. (AP) , DreamWorks Animation SKG Inc. is buying AwesomenessTV, a YouTube teen network, for about $33 million in cash as it looks to tap into the popularity of online content. DreamWorks said Wednesday that AwesomenessTV founder and CEO Brian Robbins will continue to direct growth at that company while also developing a DreamWorks branded digital family channel.