Variety is reporting that DreamWorks Animation Will Stay in Glendale as a great sigh of relief can be heard from their campus.
From their article:
The duo made the promises in a Tuesday morning meeting with over 1,000 staffers in Glendale, five days after Comcast announced it was buying the animation company for $3.8 billion.
“This came together really fast, but has been in our hearts for a long time,” Comcast CEO Roberts said following opening remarks by DreamWorks CEO Jeffrey Katzenberg. “We will absolutely continue to make animated films here. Today for me, Jeffrey, it’s the awesome responsibly of trying to find a way to take your dream and try to carry on your legacy and celebrate it in a way that will make you proud.”