Dream Works Animation signed with 20th Century Fox

Dream Works has sign a 5 year deal with 20th Century Fox. Movies like "Kung Fu Panda", " Shrek", and "Madagascar" are part of 20th Century Fox. Dream Works will be paying Fox 8% of revenue from box office and DVD sales. What Fox did was replace Paramount for Dream Works. Dream Works will still have the right to play movies on China's TV. They will get to play their movies on TV channel that they shared with Paramount. Katzenberg is planning on making a channel where they play Dream Work family brand cable channels. Dream Works has also signed to replace HBO and Netflix as it's pay television channel in the U.S. and it will officially take over by 2013. Dream Works first movie that will come out with Fox is "The Croods" and will come out in March 22 of next year.
This article is important because it shows that this company is expanding and will make great competition to any other studio production. Now that they are together they can make a great partnership and can make some good money together. Its also important because they are pretty well known industries. When I was little I remember seeing their names on "Shrek" and for Fox I remember seeing it with the "The Simpsons Movie". I liked both movies and they might come up with some good movies together. This can impact a future film maker because they can see how film industries can be when they join together. They will get to see how it works out with them and see whether if it was a good idea of them coming together. I think that they would make a good partnership based on the type of movies that they made.What will happen between them? How will Paramount do after this 5 year deal that Fox and Dream Works have? Will their be anymore deals that will make a difference in the film industry?
http://www.latimes.com/entertainment/envelope/cotown/la-et-ct-dreamworks-fox-20120820,0,5848805.story