Dreamworks Animation (2024)

Contents

  • 1 This Article needs a Stretch. You can expand it by adding pictures. Dreamworks Animation
    • 1.1 1994–2004
  • 2 The following executives are on the DreamWorks Animation SKG, Inc. Board of Directors:
    • 2.1 Upcoming Films

Dreamworks Animation (1)
Dreamworks Animation
[]

DreamWorks Animation SKG, Inc. is an American animation studio based in Glendale, California that creates animated feature films, television program and online virtual worlds. They have released tons of animated feature films, including the series of Shrek, Madagascar, Kung Fu Panda, and How to Train Your Dragon. Even though the studio also made traditionally animated films about serious subjects earlier, such as The Prince of Egypt, Joseph: King of Dreams, The Road to El Dorado, Spirit: Stallion of the Cimarron, and Sinbad: Legend of the Seven Seas, most of their computer-generated films and television series have now gained the studio a reputation for being focused on humor and satire although their most successful recent franchises have it balanced with more dramatic narratives. The studio was formed by the merger of the feature animation division of DreamWorks and Pacific Data Images (PDI). Originally formed under the banner of DreamWorks in 1997 by some of Amblin Entertainment's former animation branch Amblimation alumni, it was spun off into a separate public company in 2004. DreamWorks Animation currently maintains two campuses: the original DreamWorks feature animation studio in Glendale, California and the PDI studio in Redwood City, California. Films produced by DreamWorks Animation are currently distributed worldwide by Paramount Pictures, a subsidiary of Viacom, who acquired the DreamWorks live-action studio in February 2006, spinning it off again in 2008. In 2013, however, 20th Century Fox, a subsidiary of News Corporation, will distribute DreamWorks Animation films for a 5-year-deal.

TypePublic company: Traded as

NASDAQ: DWA


Industry: Traditional animation, CGI animation, Flash animation, Motion pictures, Television series


Predecessor(s): Amblimation


Founded: October 12th 1994


Founder(s): Steven Spielberg, Jeffrey Katzenberg, David Geffen


Headquarters: Glendale, California, United States

Number of locations: Redwood City, California, United States


Key people: Jeffrey Katzenberg, CEO, Roger Enrico, Chairman, Lewis Coleman, President, CFO


Products: Theatrical animated feature films, Television animated series


Revenue: $706 million (2011)


Net income: $110 million (2011)


Total assets: $1.779 billion (2011)


Total equity: $1.357 billion (2011)


Owner(s): DreamWorks SKG (1994–2004), Independent (2004–present)


Employees: 2100 (2011)


Subsidiaries: Pacific Data Images, DreamWorks Animation Television, DreamWorks Classics, DreamWorks Animation Home Entertainment, DreamWorks Animation Live Theatrical Productions, MoonBoy Animation


Website: www.dreamworksanimation.com


===Contents: History,Partnerships, Board of directors, ProductionsHistory===

1994–2004[]

On October 12th 1994, DreamWorks SKG was formed and founded by a trio of entertainment players, director and producer Steven Spielberg, music executive David Geffen, and former Disney executive Jeffrey Katzenberg. The new studio has attracted many artists from Spielberg's animation studio Amblimation. They first joined in 1995, when the last feature was completed, and the rest came in 1997, when the studio had shut down. In 1995, DreamWorks signed a co-production deal with Pacific Data Images to form subsidiary PDI, LLC (PDI owned 60% of PDI, LLC, while DreamWorks SKG owned 40%). The new unit would produce computer-generated feature films beginning with Antz in 1998. In the same year DreamWorks SKG produced The Prince of Egypt, which used both CG technology and traditional animation techniques. In 1997, DreamWorks partnered with Aardman Animations, a British stop-motion animation studio, to co-produce and distribute Chicken Run, a stop-motion film already in pre-production.[4] Two years later they extended the deal for an additional four films. With Aardman doing stop-motion, they covered all three major styles, beside traditional and computer animation. This partnership had DreamWorks participating in the production of stop-motion films in Bristol, and also had Aardman participating in some of the CG films made in the US. In 2000, DreamWorks SKG created a new business division, DreamWorks Animation, that would regularly produce both types of animated feature films. The same year DW acquired majority interest (90%) in PDI, reforming it into PDI/DreamWorks, the Northern California branch of its new business division. Next year Shrek was released and went on to win the first Academy Award for Best Animated Feature Film. Due to the success of CG animated films, DWA decided the same year to exit hand-drawn animation business after the next two of total four hand-drawn films. Beginning with Shrek 2, all released films, other than some co-produced with Aardman, are expected to be produced in CG. Release of Shrek 2 and Shark Tale also made DWA the first studio to produce two CG animated features in a single year. The animation division was spun-off on October 27th 2004 into publicly traded company named DreamWorks Animation SKG, Inc. and headed by Katzenberg. DWA also inherited interests in PDI/DreamWorks. They made an agreement with their former parent to distribute all of their films until they deliver 12 new films, or December 12th 2010, whatever comes last.


2004–present


On January 31st 2006, DWA entered into a distribution agreement with Paramount Pictures, which acquired DWA's former parent and distribution partner, DreamWorks SKG. The agreement granted Paramount the worldwide rights to distribute all animated films, including previously released until the delivery of 13 new animated feature films or December 31st 2012, whatever comes last.Delivering three out five films, the partnership with Aardman ended after the release of Flushed Away in November 2006. The announcement was made before the film's release, on October 3, citing "creative differences" as the reason. DWA retained the co-ownership of rights to all films co-produced with Aardman, with an exception for Wallace & Gromit: The Curse of the Were-Rabbit, for which they only kept rights for worldwide distribution. On March 13th 2007, DreamWorks Animation announced it would release all of its films, beginning with Monsters vs. Aliens (2009), in stereoscopic 3D. Together with Intel they co-developed a new 3-D film-making technology InTru3D. In 2008, DWA extended its production into India, where they established a special unit within Technicolor, named DreamWorks Dedicated Unit. DDU at first worked only on TV specials, such as Merry Madagascar, and Scared Shrekless, and DVD projects. With animating part of Puss in Boots (2011), they also started contributing to the feature films. Since 2009, the studio has been a regular guest on the list of Fortune Magazine's 100 Best Companies to Work For. As the only entertainment company on the list, they ranked 47th in 2009, 6th in 2010,10th in 2011, and 14th in 2012. The company is praised by its employees for its openness, culture of collaboration, and a free breakfast and lunch, a perk not found at many other companies. With 2010, the studio had planned to release five feature films over the course of every two years, but the next year the studio revisited their plans, "But beyond 2012, Katzenberg said the studio will play it by ear, even if that means abandoning his proclamation that DWA would try to release three pictures in a single year, every other year."In 2010, DWA became the first studio that released three CG-animated films in a year. On February 17th 2012, DreamWorks Animation announced a joint venture with China Media Capital, Shanghai Media Group and Shanghai Alliance Investment to build a Shanghai based family entertainment company named Oriental DreamWorks. The new venture is expected to develop and produce original Chinese animated and live action content for distribution within China and worldwide. The company will also produce live entertainment content, theme parks, games and consumer products. Oriental DreamWorks, owned 45% by DWA and 55% by the Chinese partners, and with the cash and intellectual capital worth of $330 million, will get $2 billion investment in next five years, and is expected to launch in late 2012. The studio's first animated feature film, Kung Fu Panda 3, will be released in 2016, followed by one animated feature per year till 2018, and with two per year after that. A live action film is expected to be released within next two years. In July 2012, DreamWorks Animation won a $155 million bid to acquire Classic Media, an owner of over 450 family entertainment titles and over 6,100 episodes of animated and live-action programming, including Casper, Lassie, Rocky and Bullwinkle, Rudolph the Red-Nosed Reindeer, Underdog, Gumby, Fat Albert, Frosty the Snowman, VeggieTales, and Where's Waldo?. Classic Media will be renamed to DreamWorks Classics. Walt Disney Pictures is producing a live-action feature film adaptation of The Lone Ranger with the film rights acquired from DreamWorks Classics. According to a Los Angeles Times report, DreamWorks Animation was in talks with Sony Pictures to distribute its upcoming films, such as The Croods and Turbo. The report also mentioned a possibility where Sony would handle the United States distribution while 20th Century Fox would handle the international distribution. Renewal of the deal with Paramount was also open, but only with more favorable terms for Paramount. However, in August 2012, DreamWorks Animation signed a five-year distribution deal with 20th Century Fox for both domestic and international markets. Rise of the Guardians will be the last DreamWorks Animation film to be distributed by Paramount Pictures, and The Croods will be the first DreamWorks Animation film to be distributed by 20th Century Fox.


Partnerships


DreamWorks Animation has an on-going partnership with HP, and the studio exclusively uses HP workstations and servers. In 2005, DWA partnered with HP to introduce HP Halo Telepresence Solutions, technologies that allow people in different locations to communicate in a face-to-face environment in real time. In 2005, AMD signed a 3 year deal to provide processors to the studio. This relationship ended in 2008, and DreamWorks announced that they will use Intel processors for future productions. On June 4th 2010, DreamWorks Animation and Royal Caribbean announced a strategic alliance set to take place onboard Royal Caribbean cruise ships including Allure of the Seas.


Board of directors

The following executives are on the DreamWorks Animation SKG, Inc. Board of Directors:[]

Roger Enrico, Chairman of DreamWorks Animation SKG Inc.


Jeffrey Katzenberg, Chief Executive Officer of DreamWorks Animation SKG, Inc./Co-Founder of DreamWorks.


Lew Coleman, President of DreamWorks Animation SKG, Inc.


Mellody Hobson, President of Ariel Capital Management


Nathan Myhrvold, Chief Executive Officer of Intellectual Ventures


Richard Sherman, CEO of The David Geffen Company


Karl von der Heyden, retired Vice Chairman and Chief Financial Officer of Pepsico, Inc.


Judson Green, President and Chief Executive Officer of NAVTEQ


Michael Montgomery, President of Montgomery & Co.


Thomas E. Freston, former CEO of Viacom


Harry (Skip) Brittenham, Director

Productions

Big Screen Films

#MovieRelease DateBudgetGrossRTIMDb
1AntzOctober 2nd 1998
2ShrekMay 18th 2001
3Shrek 2May 19th 2004
4Shark TaleOctober 1st 2004
5MadagascarMay 27th 2005
6Over The HedgeMay 19th 2006
7Shrek 3 (AKA Shrek The Third)May 18th 2007
8BEE MovieNovemeber 2nd 2007
9Kung Fu PandaJune 6th 2008
10Madagascar 2: Escape 2 AfricaNovemeber 7th 2008
11Monster V.S AliensMarch 27th 2009
12How To Trian Your DragonMarch 26th 2010
13Shrek 4 (Shrek Forever After)May 21st 2010
14MegamindNovemeber 5th 2010
15Kung Fu Panda 2May 26th 2011
16Puss In BootsOctober 28th 2011
17Madagascar 3: Europe's Most WantedJune 8th 2012
18Rise of The GruadiansNovemeber 21st 2012
19The CroodsMarch 22nd 2013

Upcoming Films[]

MovieRelease Date
TurboJuly 19th 2013
Mr. Peabody and ShermanNovember 1st 2013
Me And My ShadowMarch 14th 2014
How To Trian Your Dragon 2June 20th 2014
Happy Smekday!November 26th 2014
The Penguins of MadagascarMarch 27th 2015
TrollsJune 5th 2015
B.O.O.: Bureau of Otherworldly OperationsNovember 6th 2015
Mumbai MusicalDecember 19th 2015
Kung Fu Panda 3March 18th 2016
How To Train Your Dragon 3June 18th 2016
Dreamworks Animation (2024)

References

Top Articles
Latest Posts
Article information

Author: Maia Crooks Jr

Last Updated:

Views: 6035

Rating: 4.2 / 5 (43 voted)

Reviews: 82% of readers found this page helpful

Author information

Name: Maia Crooks Jr

Birthday: 1997-09-21

Address: 93119 Joseph Street, Peggyfurt, NC 11582

Phone: +2983088926881

Job: Principal Design Liaison

Hobby: Web surfing, Skiing, role-playing games, Sketching, Polo, Sewing, Genealogy

Introduction: My name is Maia Crooks Jr, I am a homely, joyous, shiny, successful, hilarious, thoughtful, joyous person who loves writing and wants to share my knowledge and understanding with you.