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Revision as of 21:37, 23 April 2009

DreamWorks SKG
DreamWorks, LLC
IndustryMotion pictures
Founded1994
FounderJeffrey Katzenberg
Steven Spielberg
David Geffen
HeadquartersUniversal City, California,
 United States
Productsmotion pictures, television programs
RevenueIncrease$4.5 billion USD (2008)
OwnerReliance ADA Group
Number of employees
120 (2008)
Websitedreamworksstudios.com

DreamWorks, LLC, also known as DreamWorks Pictures, DreamWorks SKG or DreamWorks Studios, is a major American film studio which develops, produces, and distributes films, video games, and television programming. It has produced or distributed more than ten films with box-office grosses totalling more than $100 million each. Its most successful title to date is Shrek 2.[1]

DreamWorks began in 1994 as an ambitious attempt by media moguls Steven Spielberg, Jeffrey Katzenberg, and David Geffen (forming the SKG present on the bottom of the DreamWorks logo) to create a new Hollywood studio. In December 2005, the founders agreed to sell the studio to Viacom. The sale was completed in February 2006. In 2008, Dreamworks announced its intention to end its partnership with Paramount and signed a US$1.5 billion deal to produce films with India's Reliance ADA Group.[2]

DreamWorks' animation arm was spun-off in 2004 into DreamWorks Animation SKG. Its films were distributed worldwide by Paramount, but the animation studio remained independent of Paramount/Viacom.

On February 9 2009, DreamWorks entered a 6-year, 30-picture distribution deal with The Walt Disney Company starting in 2010, after breaking off negotiations with Universal Pictures just days earlier.[3] Paramount will continue to distribute the animated films to avoid a conflict of interest, as Disney is itself a major player in animation. Ironically, DreamWorks had been founded after Katzenberg had a falling out with Disney.

History

The DreamWorks Pictures logo

The company was founded following Katzenberg's resignation from The Walt Disney Company in 1994. At the suggestion of Spielberg's friend, the two made an agreement with long-time Katzenberg collaborator Geffen to start their own studio. The studio was officially founded on October 12, 1994 with financial backing of $33 million from each of the three main partners and $500 million from Microsoft co-founder Paul Allen.

DreamWorks Interactive is a computer and video game developer founded in 1995, as a subsidiary of DreamWorks SKG.


In 1998, DreamWorks released their first full-length animated feature, Antz.

In 1999, 2000 and 2001, DreamWorks won three consecutive Academy Awards for Best Picture for American Beauty, Gladiator and A Beautiful Mind (the latter two with Universal).

On February 24, 2000, Electronic Arts announced the acquisition of DreamWorks Interactive from DreamWorks and merged it with EA Pacific and Westwood Studios. DreamWorks Interactive became EA Los Angeles (EALA).

DreamWorks Records, the company's record label (the first project of which was George Michael's Older), never lived up to expectations, and was sold in October 2003 to Universal Music Group, which operated the label as DreamWorks Nashville. That label was shut down in 2005 when its flagship artist, Toby Keith, departed to form his own label.[4]

File:Dreamworks Animation logo.png
The DreamWorks Animation logo

The studio has had its greatest financial success with movies, specifically animated movies. DreamWorks Animation teamed up with Pacific Data Images (now known as PDI/DreamWorks) in 1996 to create some of the highest grossing animated hits of all time, such as Antz (1998), The Prince of Egypt (1998), Shrek (2001), its sequels Shrek 2 (2004) and Shrek the Third (2007); Shark Tale (2004), Madagascar (2005), Over the Hedge (2006), Flushed Away (2006), Bee Movie, and Kung Fu Panda (2008) Based on their success, DreamWorks Animation has spun off as its own publicly traded company. In fact, PDI/DreamWorks has emerged as the main competitor to Pixar in the age of computer-generated animation, and is based in Redwood City, California.

In recent years, DreamWorks has scaled back. It stopped plans to build a high-tech studio, sold its music division, and has only produced a few television series, Las Vegas, Carpoolers, and On the Lot, for example.

Recently, David Geffen admitted that DreamWorks had come close to bankruptcy twice. Under Katzenberg's watch, the studio suffered a $125 million loss on Sinbad: Legend of the Seven Seas, and also overestimated the DVD demand for Shrek 2. In 2005, out of their two large budget pictures, The Island bombed at the domestic box office, while War of the Worlds was produced as a joint effort with Paramount which was the first to reap the profits [clarification needed].

In December 2005, Viacom's Paramount Pictures agreed to purchase the live-action studio. The deal was valued at approximately $1.6 billion, an amount that included about $400 million in debt assumptions. The company completed its acquisition on February 1, 2006.[5]

On March 17, 2006, Paramount agreed to sell the DreamWorks live-action library to a group led by George Soros for $900 million. Paramount retained the worldwide distribution rights to these films, as well as various ancillary rights, including music publishing, sequels, and merchandising -- this includes films that had been made by Paramount and DreamWorks. The sale was completed on May 8, 2006.

In June 2008, Variety reported that DreamWorks was looking for financing that would allow it to continue operations as an independent production company once its deal with Paramount ended later in the year.[6] Most of the money to do the new studio would come from an Indian investment firm called Reliance ADA Group. The DreamWorks trademarks are owned by DreamWorks Animation, and the new company would need their approval to use the trademarks. In September 2008, it was reported by Variety that Dreamworks closed a deal with Reliance to create a stand-alone production company and end its ties to Paramount.[7].

As of 2009, DreamWorks Animation is planning on releasing all their films in 3-D starting with films such as Shrek Goes Fourth.[8]

The Dreamworks logo features a young boy sitting on a crescent moon while fishing. The general idea for the logo was from company's co-founder Steven Spielberg. Spielberg originally wanted a computer generated image, whereas Visual Effects Supervisor Dennis Muren, of Industrial Light and Magic suggested a hand-painted one. Muren contacted friend and artist Robert Hunt to paint it. Hunt worked both versions featuring his son William as a model for the boy, and Spielberg liked the CGI one better. The music accompanying the logo as a movie starts was composed by John Williams.The main logo shows the scene at night,while the Dreamworks Animation logo shows it during the day.

The logo that you see in the movies was made at ILM based on paintings by Hunt, in collaboration with Kaleidoscope Films, Dave Carson, and Clint Goldman.[9]

Trivia

  • Currently, United International Pictures, a joint venture of Paramount and Universal, has the rights to release DreamWorks' films internationally, and will also handle releases from the new DreamWorks.
  • The broadcast rights to many DreamWorks films are owned by ABC. Ironically, ABC (along with Pixar) is owned by Disney, with which Katzenberg had a falling out.
  • Edwin R. Leonard, CTO of Dreamworks Animation, won a special achievement award at the 2008 Annies for driving their innovative work with Open Source Software and Linux.[10]

Filmography

Live action films

Title Release Date Year Notes
Amistad December 10 1997
Mousehunt December 19 1997
The Peacemaker September 26 1997
Deep Impact May 8 1998 (co-production with Paramount Pictures)
Paulie April 17 1998
Saving Private Ryan July 24 1998 (with Paramount Pictures)
Small Soldiers July 10 1998 (with Universal Pictures)
American Beauty October 1 1999
Forces of Nature March 19 1999
Galaxy Quest December 25 1999
The Professor 1999
The Haunting July 23 1999
In Dreams January 15 1999
The Love Letter May 21 1999
Almost Famous September 13 2000 (co-production with Columbia Pictures)
Cast Away December 7 2000 (co-production with 20th Century Fox)
The Contender October 13 2000 (co-production with Cinerenta Medienbeteiligungs KG)
An Everlasting Piece December 25 2000 (co-production with Columbia Pictures)
Gladiator May 4 2000 (co-production with Universal Pictures)
The Legend of Bagger Vance November 3 2000 (co-production with 20th Century Fox and Allied Filmmakers)
Meet the Parents October 6 2000 (co-production with Universal Pictures)
Road Trip May 11 2000
Small Time Crooks May 19 2000
Walk the Talk March 15 2000 (Direct to Video)
What Lies Beneath July 21 2000 (co-production with 20th Century Fox)
The Last Castle October 19 2001
A.I.: Artificial Intelligence June 26 2001 (co-production with Warner Bros.)
A Beautiful Mind December 21 2001 (co-production with Universal Pictures)
The Curse of the Jade Scorpion August 24 2001 (in association with VCL Communications GmbH)
Evolution June 8 2001 (co-production with Columbia Pictures)
The Mexican March 2 2001 (co-production with Newmarket Films)
Catch Me If You Can December 25 2002
Hollywood Ending May 3 2002
Minority Report June 21 2002 (co-production with 20th Century Fox)
The Ring October 18 2002
Road to Perdition April 30 2002 (with 20th Century Fox)
The Time Machine March 8 2002 (with Warner Bros.)
The Tuxedo September 27 2002
Anything Else August 27 2003
Biker Boyz January 31 2003
The Cat in the Hat November 21 2003 (co-production with Universal Studios)
Head of State March 28 2003
House of Sand and Fog December 26 2003
Millennium Actress July 21 2003 (Go Fish Pictures division)
Old School February 21 2003
Paycheck January 16 2003 (co-production with Paramount Pictures)
Seabiscuit July 25 2003 (co-production with Universal Studios and Spyglass Entertainment)
Anchorman: The Legend of Ron Burgundy July 9 2004
Collateral August 6 2004 (with Paramount Pictures)
Envy April 30 2004 (with Columbia Pictures and Castle Rock Entertainment)
Eurotrip February 20 2004
Lemony Snicket's A Series of Unfortunate Events December 17 2004 (co-production with Paramount Pictures and Nickelodeon Movies)
Meet the Fockers December 22 2004 (co-production with Universal Studios)
The Stepford Wives June 11 2004 (remake of 1975 film) (co-production with Paramount Pictures)
Surviving Christmas October 22 2004
The Terminal Jun 18 2004
Win a Date with Tad Hamilton! January 23 2004
The Ring Two March 18 2005
War of the Worlds June 29 2005 (co-production with Paramount Pictures and Amblin Entertainment)
The Island July 22 2005 (with Warner Bros.)
Red Eye August 19 2005
The Chumscrubber August 26 2005 (distribution by Go Fish Pictures division)
Just like Heaven September 16 2005
The Prize Winner of Defiance, Ohio September 28 2005 (co-production with Revolution Studios)
Dreamer October 7 2005
Memoirs of a Geisha December 9 2005 (co-production with Columbia Pictures and Spyglass Entertainment)
Munich December 23 2005 (co-production with Universal Pictures, Amblin Entertainment and Alliance Atlantis)
Match Point December 28 2005 (co-production with BBC Films)
She's the Man March 17 2006 (with Lakeshore Entertainment)
The Last Kiss September 15 2006 (distribution only) (with Lakeshore Entertainment)
Flags of Our Fathers October 20 2006 (with Warner Bros.)
Dreamgirls December 15 2006 (with Paramount Pictures)
Letters from Iwo Jima December 20 2006 (with Warner Bros.)
Perfume: The Story of a Murderer September 14 2006 (distribution only, produced by Constantin Film)
Norbit February 8 2007
Blades of Glory March 30 2007 (with MTV Films)
Disturbia April 13 2007
Transformers July 2 2007 (with Paramount Pictures)
The Heartbreak Kid October 5 2007
Things We Lost in the Fire October 19 2007
The Kite Runner December 14 2007 (with Paramount Vantage)
Sweeney Todd: The Demon Barber of Fleet Street December 21 2007 (with Warner Bros.)
The Ruins April 4 2008 (co-produced with Spyglass Entertainment and Red Hour Films)
Tropic Thunder August 8 2008 (co-produced with Red Hour films)
Ghost Town September 19 2008 (co-produced with Spyglass Entertainment)
Eagle Eye September 26 2008
Revolutionary Road December 26 2008 (co-produced with Paramount Vantage and BBC Films)
Hotel for Dogs January 16 2009 (with Nickelodeon Movies)
The Uninvited January 30 2009
I Love You, Man March 20 2009
The Soloist April 24 2009 (co-produced with Working Title Films, Universal Pictures and Participant Productions)
She's Out of My League 2009 Spring 2009
Transformers: Revenge of the Fallen June 24 2009 (co-production with Paramount Pictures)
A Thousand Words 2009 Late 2009
The Lovely Bones December 11 2009 (distributed by Paramount Pictures, co-production with FilmFour)
The Adventures of Tintin: Secret of the Unicorn 2011 (co-production with Paramount Pictures, Columbia Pictures and Amblin Entertainment)

TBA

Animated Films

Title Release Date Year Notes
Antz October 2 1998
The Prince of Egypt December 18 1998
Chicken Run June 21 2000 (co-production with Aardman Animations and Pathé)
Joseph: King of Dreams October 27 2000 (direct to video)
The Road to El Dorado March 31 2000
Shrek April 22 2001
Spirit: Stallion of the Cimarron May 24 2002
Sinbad: Legend of the Seven Seas July 2 2003
Shark Tale October 1 2004 (distribution only)
Shrek 2 May 19 2004 (distribution only)
Ghost in the Shell 2: Innocence March 6 2004 (distribution by Go Fish Pictures division)
Madagascar May 27 2005 (distribution only)
Wallace & Gromit: The Curse of the Were-Rabbit October 7 2005 (co-production with Aardman Animations)
Over the Hedge May 19 2006 (distribution only through Paramount Pictures)
Flushed Away November 3 2006 (co-production with Aardman Animations) (distribution only through Paramount Pictures)
Shrek the Third May 18 2007 (distribution only through Paramount Pictures)
Bee Movie November 2 2007 (distribution only through Paramount Pictures)
Kung Fu Panda June 6 2008 (distribution only through Paramount Pictures)
Madagascar: Escape 2 Africa November 7 2008 (distribution only through Paramount Pictures)
Monsters vs. Aliens March 27 2009
How to Train Your Dragon March 26 2010
Shrek Goes Fourth May 21 2010
Master Mind November 5 2010
Crood Awakening November 25 2011
Kung Fu Panda 2 2011
Puss in Boots: The Story of an Ogre Killer 2011
Madagascar 3 June 29 2012
Shrek 5 July 19 2013

TBA

Animated Shorts

Title Year Released
Far Far Away Idol 2004
The Madagascar Penguins in a Christmas Caper 2005
Hammy's Boomerang Adventure 2006
First Flight 2006
Secrets of the Furious Five 2008

TV series and specials

Musical artists

Computer/Video games

Animations

References

34°09′26″N 118°17′06″W / 34.157326°N 118.285096°W / 34.157326; -118.285096 Template:Companies portal