DreamWorks Animation, to be exact, now owns for $155M Classic Media, the 
owners or co-owners of a passel of properties including besides the ones 
mentioned in the subject Lassie, the Lone Ranger, Underdog, Little Lulu, 
Shari Lewis' PBS series and the classic Rankin-Bass TV specials (Frosty, 
Rudolph, etc.)--DW was already making with Classic Media and Jay Ward 
Productions a CGI feature version of "Mr. Peabody and Sherman" for release 
Christmas 2013:
 
http://www.thewrap.com/movies/article/dreamworks-animation-buys-classic-media-155m-48786

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TV or Not TV .... The Smartest (TV) People!
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