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Ashley Cornwell

Cable giant Comcast Corp executives tried their best to reassure the employees at DreamWorks Animation's headquarters Wednesday as it gets ready to acquire the Glendale-based animation studio.

The deal was announced last week, raising questions over the future of the animation studio founded by Jeffrey Katzenberg, who has decided to resign as chief executive if the transaction closes.

Comcast's Universal Pictures boasts of a pretty successful animation unit in "Despicable Me" producer Illumination Studios, which has made profitable toons. Philadelphia-based Comcast's NBCUniversal said last week it would pay $3.8 billion to acquire the animation studio, which was behind superhit animation movies "Shrek" and "Kung Fu Panda."

Addressing a staff meeting, NBCUniversal CEO Steve Burke assured DreamWorks Animation employees that the studio will remain in Glendale. "Are we going to continue making films here in Glendale? Of course we are - that's the whole point of what we're doing," Burke said.

Burke stressed about the benefits of joining the media conglomerate. "You are going to be part of the company that televises the Olympics, that has Jimmy Fallon, that has 22 cable channels, that has great theme parks around the world," Burke said.
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