• Reuters, Tuesday, July 24, 2012 4:41 PM

DreamWorks Animation SKG may create its own cable channel once it's finished buying Classic Movie for $155 million. That purchase will give DreamWorks the rights to over 450 titles and more than 6,500 animated and live action episodes featuring characters like Casper the Friendly Ghost, Rocky and Bullwinkle, and Lassie.

"A channel is one of the many opportunities we see for combining the DreamWorks brand with this extraordinary library of characters," Chief Executive Jeffrey Katzenberg tells Ronald Grover, adding that "It could be a domestic cable channel, international, even an Internet channel."

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