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- NBCUniversal, a division of Comcast Corporation (NASDAQ: CMCSA), today announced the acquisition of DreamWorks Animation (NASDAQ: DWA). One of the world's most admired family brands, DreamWorks Animation creates animated feature films, television series and specials, live entertainment and related consumer products.
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In 1997, DreamWorks Television had a falling-out with NBC over the development of various TV shows. The dispute was eventually settled, and went to being a development slater for NBC in 1998. In 1998, DreamWorks has struck a deal with Paramount Domestic Television to syndicate Spin City for off-net syndication.
In a move to consolidate, DreamWorks Television Animation was shut down in 1999 with the direct-to-video subsidiary subsequently merged into the studio's feature animation division, as a way for the company to reorganize its animation divisions to operate under one umbrella.
TitleCreator(s)/developer(s)Year(s)(premiere Date)Year(s)(end Date)Scott KreamerZack StentzMay 24, 2024presentAlan SchoolcraftBrent SimonsMarch 1, 2024presentJeff DixonJim CooperOctober 27, 2023presentEli RothJames FreyOctober 2, 2023presentApr 28, 2016 · The acquisition gives NBCUniversal broader reach to a host of new audiences in the highly competitive kids and family entertainment space, in both TV and film. It includes popular DreamWorks Animation film franchise properties, such as Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon.
- History
- Logo
- Dreamworks Home Entertainment
- Filmography
DreamWorks SKG founding and Universal distribution
The original company was founded following Jeffrey Katzenberg's resignation from The Walt Disney Company in 1994. Katzenberg approached Steven Spielberg and David Geffen about forming a live-action and animation film studio, which had not been done in decades due to the risk and expense, but all three were very successful. They agreed on three conditions: They would make fewer than nine movies a year, they would be free to work for other studios if they chose, and they would go home in time f...
Paramount ownership
In December 2005, the original Viacom, the then-parent of Paramount Pictures, agreed to purchase the live-action studio, still keeping the original name and producing/distribution name. The deal was valued at approximately $1.6 billion, an amount that included about $400 million in debt assumptions. The acquisition of the live-action DreamWorks studio was completed by the second iteration of Viacom, which had recently split from the original at the end of 2005, on February 1, 2006. On March 1...
Reliance-Spielberg joint venture
In June 2008, it was reported that DreamWorks was looking for financing that would allow it to continue operations, but as an independent production company, once its deal with Paramount ended later that year. Several public equity funds were approached for financing, including Blackstone Group, Fuse Global, TPG Capital and several others, but all passed on the deal given their understanding of the Hollywood markets. On September 22, 2008, it was announced that DreamWorks closed a deal with I...
Original
The original DreamWorks logo features a boy sitting on a crescent moon with a fishing rod at night. The general idea for the logo was the idea of the company's founder, Steven Spielberg, who wanted a CGI image. Illustrator Robert Hunt was commissioned to execute the idea as a painting, and he used his son as the model. The logo was then turned into a motion graphic at Industrial Light & Magic, in collaboration with Kaleidoscope Films, Dave Carson and Clint Goldman. It was animated by ILM anim...
Animation
The reimagined animation logo had music adapted from the track "Fairytale" for Shrek, based on the children's picture book of the same name by author William Steig. The logo was composed by Harry Gregson-Williams and made its debut in 2004, with the release of Shrek 2. Two years after its acquisition by Universal Pictures in 2016, the logo received a new fanfare composed by John Powell and incorporate some cues from Shrek 2 and tones from Williams' original DreamWorks fanfare to create the mu...
DreamWorks Home Entertainment was a home media unit of DreamWorks Pictures and banner for other home media units, formed on March 10, 1998. Its releases were first distributed by Universal Studios Home Entertainment (initially through CIC Video internationally), since Universal Pictures was distributing them theatrically through then DreamWorks Pic...
Primary owners and distributors
1. Universal Pictures 1.1. (1997–2005 for DW Studios, LLC catalog, released on home video from 1998–2006 by Universal Studios Home Video) 1.2. (since 2016 for Storyteller Distribution Co., LLC catalog, released on home video from 2017–2021 by Universal Pictures Home Entertainment and since 2021 by Studio Distribution Services, LLC., a joint venture between UPHE and Warner Bros. Discovery Home Entertainment) 2. Paramount Pictures (2006–2011 for DW Studios, LLC catalog, released on home video s...
Jun 8, 2023 · Dreamworks Animation TV executives on the studio's expansion into gateway horror, preschool and more helped redefine children's programming.
Apr 28, 2016 · NBCUniversal, a division of Comcast Corporation, today announced the acquisition of DreamWorks Animation. The $3.8 billion transaction is expected to close by the end of the year.
Apr 28, 2016 · Comcast's NBCUniversal division is acquiring the DreamWorks Animation studio for roughly $3.8 billion.
