Yesterday's (Dec. 11) announcement that Paramount Pictures Corp. was acquiring DreamWorks SKG in a $1.6 billion deal will have major implications in the home video industry.

Yesterday’s (Dec. 11) announcement that Paramount Pictures Corp. was acquiring DreamWorks SKG in a $1.6 billion deal will have major implications in the home video industry.

DreamWorks' 60-title DVD library, which includes "Gladiator" and "American Beauty," is currently distributed by NBC Universal, who had been negotiating a DreamWorks acquisition itself for several months.

NBC Universal stands to lose tens of millions of dollars in home video distribution over the next five years, according to industry reports.

Questions? Comments? Let us know: @billboardbiz

Print