Los Angeles, Calif. – May 9, 2013 – Cooley LLP announced today that it represented DreamWorks Animation SKG, Inc. in the negotiations that culminated in its agreement to buy AwesomenessTV, a multi-channel YouTube subscription for teens.
DreamWorks Animation will pay $33 million upfront, and up to an additional $117 million, contingent on AwesomenessTV achieving specified earnings targets in 2014 and 2015.
View the DreamWorks press release here.
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