DreamWorks SKG Television was formed in December 1994 as DreamWorks Studios agreed to a $200 million seven-year TV production joint venture with the Capital Cities/ABC. The company was set up to produce series for broacast network, cable channels and first run syndication with no first look for the ABC Network, but financial incentives favored ABC. The first show, Champs, was scheduled as a mid-season replacement for the ABC network. Dan McDermott was named division chief executive in June 1995. DWTV's first success was Spin City on ABC.The Walt Disney Company bought Capital Cities/ABC in February 1996.
In 2002, the DreamWorks joint venture agreement with ABC ended. That agreement was replaced by a development agreement with NBC with a first look clause, financing for series pick up by the network while taking a financial stake in the show, may finance show sold to other outlets, and NBC paid an annual fee to DreamWorks TV.
^Molloy, Tim (December 16, 2011). "FX Orders Cold War Pilot ‘The Americans’". The Wrap. Retrieved May 26, 2014. DreamWorks Television is also credited as an executive producer on the pilot, which is being produced by Fox Television Studios and FX Productions.