channel launched in September 2015. Also in December, DWA sold a 25% stake in AwesomenessTV for $81.25 million to the Hearst Corporation. On January 5, 2015, DreamWorks Animation announced that Bonnie Arnold, producer of the How to Train Your Dragon series and Mireille Soria, producer of the Madagascar series were named co-presidents of the studio's feature animation division. At the same time, it was also announced that Bill Damaschke will step down from his position as Chief Creative Officer. So far, under Arnold and Soria's current tenure they signed Jason Reitman and Edgar Wright to work on their own animation debuts. Two weeks later, PDI/DreamWorks completely shut down as part of its parent company's larger restructuring efforts. Universal Pictures acquisition (2016–present) On April 28, 2016, Comcast officially announced that its NBCUniversal division intended on acquiring DreamWorks Animation for $3.8 billion, valuing the company at $41 per share. Jeffrey Katzenberg was to remain involved in the company as head of DreamWorks New Media, but was to cede control of the studio to Illumination's CEO Chris Meledandri, who would oversee both. The sale was approved by board members, but subject to regulatory approval. At Guggenheim Partners' TMT Symposium, NBCUniversal CEO Steve Burke discussed how the purchase of DWA would fit into its business strategies. Burke explained that Meledandri planned to "take a lot of the existing DreamWorks franchises and add value as we create new franchises", and that the main goal was to "[take] the low-single-digit returns of the movie business and turn it into a different kind of business" by creating new intellectual property that can be merchandised and adapted into theme park attractions. Burke reaffirmed a commitment to animated features, stating that Universal would be able to release as many as four animated films per-year, divided between DreamWorks and Illumination. Burke also outlined that the purchase would be beneficial to Universal's expanding presence in China (where it is building a new Universal Studios park in Beijing). DreamWorks Animation's last film distributed by 20th Century Fox was Captain Underpants: The First Epic Movie (2017), and their first film distributed by Universal Pictures was How to Train Your Dragon: The Hidden World (2019) with Abominable (2019), Trolls World Tour (2020) and The Croods 2: A New Age (2021), Spirit Untamed (2021), The Boss Baby: Family Business (2021), and The Bad Guys (2022) following afterwards, and with Puss in Boots: The Last Wish