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{{Infobox_Company |company_name = DreamWorks, L.L.C. |
company_logo = |
company_type = [Subsidiary|
owner = [Viacom |
parent = [Paramount Pictures |
foundation =
Glendale, California, [United States ([) |
location_city =Glendale, CA |
location_country = USA |
key_people = [David Geffen, Principal
[Jeffrey Katzenberg, Principal
[Steven Spielberg, Principal
|
num_employees = 1,200 (2006) |
industry = [Motion pictures|
products = motion pictures, television programs|
revenue = {{profit-->$2.8 billion United States dollar ([)|
operating profit = |
homepage = http://www.dreamworks.com/ dreamworks.com
-->
DreamWorks, LLC, also known as
DreamWorks Pictures,
DreamWorks SKG, or
DreamWorks Studios is a
major film studios United States
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.http://www.boxofficemojo.com/studio/chart/?studio=dreamworks.htm
DreamWorks began as an ambitious attempt by media moguls Steven Spielberg, Jeffrey Katzenberg, and
David Geffen to create a new Hollywood studio. But in December 2005, the founders agreed to sell the studio to Viacom, the parent company of Paramount Pictures. The sale was completed in February 2006.
DreamWorks' animation arm was spun-off in 2004, into
DreamWorks Animation. Its films are distributed worldwide by Paramount, but the animation studio remains independent of Paramount/Viacom.
History
The company was founded following Katzenberg's forced 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.
The first feature length DreamWorks film to be released was
The Peacemaker (1997 film), in 1997, although a failed TV pilot called
Dear Diary was put into limited theatrical release in 1996. It went on to win an Oscar for
Academy Award for Live Action Short Film.
In 1999, 2000 and 2001, DreamWorks won three consecutive best picture Oscars for
American Beauty (1999 film),
Gladiator (film) and
A Beautiful Mind (film) (the later two with Universal).
In 2000, Electronic Arts acquired 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.Stark, Phyllis, "Toby Keith topped country charts, shook up Music Row,"
Billboard magazine,
December 24, 2005, p. YE-18.The studio has had its greatest financial success with movies, specifically
animation 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),
Shrek (2001), its sequels
Shrek 2 (2004) and
Shrek the Third(2007);
Shark Tale (2004),
Madagascar (film) (2005),
Over the Hedge (film) (2006), and
Flushed Away (2006). 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 only produces one television series,
Las Vegas (TV series).
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 (2005 film) bombed at the domestic box office, while
War of the Worlds (2005 film) was produced as a joint effort with Paramount which was the first to reap the profits.
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. http://money.cnn.com/2005/12/11/news/fortune500/viacom_dreamworks.reut/index.htm.
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 auxiliary 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. http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/03-17-2006/0004322250&EDATE=
Trivia
- The initials "SKG" (below the logo DreamWorks) stand for the company's co-founders, Spielberg (film director and founder of Amblin Entertainment), Katzenberg (former head of The Walt Disney Company's film studios), and Geffen (founder of Geffen Records).
- The theme heard during the DreamWorks logo at the beginning of most DreamWorks films was composed by John Williams.
- Currently, United International Pictures, a joint venture of Paramount and Universal, has the rights to release DreamWorks' films internationally.
Feature Films
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008 and beyond
TV series and specials
Musical artists
Computer games
References
External links
- Official webpage
- DreamWorks fan site
{{Infobox_Company |company_name = DreamWorks, L.L.C. |
company_logo = |
company_type = [Subsidiary|
owner = [Viacom |
parent = [Paramount Pictures |
foundation = Glendale, California, [United States ([) |
location_city =Glendale, CA |
location_country = USA |
key_people = [David Geffen, Principal
[Jeffrey Katzenberg, Principal
[Steven Spielberg, Principal
|
num_employees = 1,200 (2006) |
industry = [Motion pictures|
products = motion pictures, television programs|
revenue = {{profit-->$2.8 billion
United States dollar ([)|
operating profit = |
homepage = http://www.dreamworks.com/ dreamworks.com
-->
DreamWorks, LLC, also known as
DreamWorks Pictures,
DreamWorks SKG, or
DreamWorks Studios is a major film studios United States
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.http://www.boxofficemojo.com/studio/chart/?studio=dreamworks.htm
DreamWorks began as an ambitious attempt by media moguls Steven Spielberg, Jeffrey Katzenberg, and David Geffen to create a new Hollywood studio. But in December 2005, the founders agreed to sell the studio to Viacom, the parent company of
Paramount Pictures. The sale was completed in February 2006.
DreamWorks' animation arm was spun-off in 2004, into
DreamWorks Animation. Its films are distributed worldwide by Paramount, but the animation studio remains independent of Paramount/Viacom.
History
The company was founded following Katzenberg's forced 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.
The first feature length DreamWorks film to be released was
The Peacemaker (1997 film), in 1997, although a failed TV pilot called
Dear Diary was put into limited theatrical release in 1996. It went on to win an Oscar for
Academy Award for Live Action Short Film.
In 1999, 2000 and 2001, DreamWorks won three consecutive best picture Oscars for
American Beauty (1999 film),
Gladiator (film) and
A Beautiful Mind (film) (the later two with Universal).
In 2000, Electronic Arts acquired 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.Stark, Phyllis, "Toby Keith topped country charts, shook up Music Row,"
Billboard magazine, December 24,
2005, p. YE-18.The studio has had its greatest financial success with movies, specifically animation 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),
Shrek (2001), its sequels
Shrek 2 (2004) and
Shrek the Third(2007);
Shark Tale (2004),
Madagascar (film) (2005),
Over the Hedge (film) (2006), and
Flushed Away (2006). 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 only produces one television series,
Las Vegas (TV series).
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 (2005 film) bombed at the domestic box office, while War of the Worlds (2005 film) was produced as a joint effort with Paramount which was the first to reap the profits.
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. http://money.cnn.com/2005/12/11/news/fortune500/viacom_dreamworks.reut/index.htm.
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 auxiliary 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. http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/03-17-2006/0004322250&EDATE=
Trivia
- The initials "SKG" (below the logo DreamWorks) stand for the company's co-founders, Spielberg (film director and founder of Amblin Entertainment), Katzenberg (former head of The Walt Disney Company's film studios), and Geffen (founder of Geffen Records).
- The theme heard during the DreamWorks logo at the beginning of most DreamWorks films was composed by John Williams.
- Currently, United International Pictures, a joint venture of Paramount and Universal, has the rights to release DreamWorks' films internationally.
Feature Films
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
- Dreamgirls (film) (with Paramount Pictures)
- Flags of Our Fathers (film) (with Warner Bros.)
- Flushed Away (distribution only through Paramount Pictures)
- The Last Kiss (distribution only) (with Lakeshore Entertainment)
- Over the Hedge (film) (distribution only through Paramount Pictures)
- Perfume: The Story of a Murderer (film) (distribution only, produced by Constantin Film)
- She's the Man (with Lakeshore Entertainment)
- Letters from Iwo Jima (with Warner Bros.)
2007
2008 and beyond
TV series and specials
Musical artists
Computer games
References
External links
- Official webpage
- DreamWorks fan site
DreamWorks Animation - DreamWorks Pictures SKG
Official site with company information and details of current and past productions.
DreamWorks SKG
DreamWorks Animation SKG
Official web site. Offers information such as company history, filmography, job opportunities and investor information.
The Mexican
Check out the recent Brad Pitt/Julia Roberts chat! This film is rated R Violence and Language. www.mpaa.org www.filmratings.com www.parentalguide.org
DreamWorks
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