DreamWorks Classics, Formerly known as Classic media is an american entertainment company and the current right holder of Casper Franchise after DreamWorks acquiered Classic media in 2012.
Classic Media was founded by Eric Ellenbogen and John Engelman in 2000 and acquired the UPA catalog from Henry Saperstein's estate.Frank Biondi, the former head of Universal Studios, and movie producer Steve Tisch invested in the company. Classic Media then bought the Harvey Entertainment catalog on March 11, 2001. On August 16, 2001, Classic Media and Random House won a joint bid for the assets of Golden Books, with Classic Media acquiring Golden Book's entertainment division (including the Dell Comics and Gold Key libraries and Random House acquiring Golden Books's book publishing properties. On October 31, 2003, Classic Media purchased the assets of the bankrupt Big Idea Entertainment. By 2007, Classic had formed Bullwinkle Studios, a joint venture with Jay Ward Productions, to manage the Jay Ward characters.
On April 7, 2005, the company was recapitalized by a group of investors consisting of Spectrum Equity Investors plus existing investors led by Pegasus Capital Advisors. A $100 million senior debt facility was also arranged from JP Morgan Chase Bank-led bank group. With the deal, Spectrum became a majority owner over the existing investors, with a representative on the company board of directors.
In August 2006, Classic Media announced a joint venture with ION Media Networks, NBCUniversal, Corus Entertainment and Scholastic Corporation to launch Qubo, a kids' entertainment network
On July 2012 DreamWorks Animation acquiered Classic Media From Boomerang media for 150 million the company was Renamed DreamWorks Classics.