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DreamWorks Pictures SKG logo
DreamWorks Pictures
General information
Caption
Other Names
Type Division of Amblin Partners
Founded October 12, 1994
Defunct
Predecessor DW Studios, LLC
DreamWorks Distribution
Successor
Founder Steven Spielberg
Jeffrey Katzenberg
David Geffen
Location Universal City, California, United States
Key People
Industry Entertainment
Served area Worldwide
Products Motion pictures
Owner Amblin Partners
No. of Employees
Parent Universal Studios (NBCUniversal)
Homepage

DreamWorks Pictures (also known as DreamWorks SKG, DreamWorks Studios or simply DreamWorks) is an American film production label of Amblin Partners. It was also a former film distributor for its own and third-party films. It has produced or distributed more than ten films with box-office grosses of more than $100 million each. Until August 2016, DreamWorks' films are marketed and distributed by Touchstone Pictures.

DreamWorks began in 1994 as an attempt by media moguls Steven Spielberg, Jeffrey Katzenberg and David Geffen (together, SKG) to create a new Hollywood studio of which they owned 72%. Currently, DreamWorks operates out of offices at Universal Studios. In December 2005, the founders agreed to sell the studio to Viacom, parent of Paramount Pictures. The sale was completed in February 2006. In 2008, DreamWorks announced its intention to end its partnership with Paramount and signed a $1.5 billion deal to produce films with India's Reliance ADA Group. Reliance provided $325M of equity to fund recreating DreamWorks SKG into DreamWorks Studios, an independent entity. Clark Hallren, former Managing Director of the Entertainment Industries group of J. P. Morgan Securities, and Alan J. Levine of J. P. Morgan Entertainment Advisors, led the Reliance team in restructuring the company. The following year, DreamWorks entered into a distribution agreement with Walt Disney Studios, wherein Disney would distribute DreamWorks films through Touchstone Pictures; the deal continued until August 31, 2016. After the formation of Amblin Partners in 2015, the studio entered into a distribution agreement with Universal Pictures.

DreamWorks' animation arm was spun off in 2004 into DreamWorks Animation SKG (DWA), which currently owns the DreamWorks trademarks. Spielberg's company continues to use the DreamWorks trademarks under license from DWA.

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