The hot rumor today is that NBC Universal, owned by GE, is looking to buyout Dreamworks. This could be worth as much as $1 billion dollars. Dreamworks is not offering a comment, as often happens, and also issued a statement sayign the buyout is “not authorised.”

If it’s not authorised, there’s implications that the talks have been going on in spurts behind the scenes. There could be partial sales.

Or possibly Dreamworks is looking for a sweetheart deal like Disney got with Pixar? In the fight between Dreamworks and Pixar to create animated movies, they have always used two very divergent models. Pixar made fewer, more tightly animated movies, while Dreamworks went for quanitity.

If NBC Universal does buyout Dreamworks, this could also mean more TV programming moves.