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DreamWorks Animation

DreamWorks Animation SKG, Inc.
TypePublic company
Traded asNASDAQ: DWA
IndustryAnimated films
Predecessor(s)Amblimation
FoundedOctober 12, 1994 (1994-10-12)
Founder(s)Steven Spielberg
Jeffrey Katzenberg
David Geffen
HeadquartersGlendale, California, United States
Number of locationsRedwood City, California, United States
Key peopleJeffrey Katzenberg, CEO
Mellody Hobson, Chairman
Lewis Coleman, President, CFO
Ann Daly, COO[1]
ProductsTheatrical animated feature films
Television animated series
Revenue$706 million (2011)[2]
Net income$110 million (2011)[2]
Total assets$1.779 billion (2011)[2]
Total equity$1.357 billion (2011)[2]
Owner(s)DreamWorks SKG (1994–2004)
Independent (2004–present)
Employees1,850 (2013)[3]
SubsidiariesPacific Data Images
DreamWorks Animation Television
DreamWorks Classics
DreamWorks Animation Home Entertainment
DreamWorks Animation Live Theatrical Productions[4]
MoonBoy Animation
Websitewww.dreamworksanimation.com

DreamWorks Animation SKG, Inc. is an American animation studio based in Glendale, California that creates animated feature films, television programs, and online virtual worlds. They have released a total of twenty-six feature films, including the franchises of Shrek, Madagascar, Kung Fu Panda, and How to Train Your Dragon. As of October 2012, its feature films have made over $10 billion worldwide,[5] with its $430 million average gross surpassing all other studios besides Pixar ($595 million).[6] Four of DreamWorks Animation's films—Shrek 2, Shrek the Third, Shrek Forever After, and Madagascar 3: Europe's Most Wanted—are among the 50 highest-grossing films of all time, and fifteen of the films are among the 50 highest-grossing animated films, with Shrek 2 being the fourth all-time highest.

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 were formerly 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, took over distribution of DreamWorks Animation films for a 5-year-deal.

Contents

History

The PDI / DreamWorks Studio in Redwood City, California

1994–2004

On October 12, 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,[7] 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.[8] 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.[9] This partnership had DreamWorks participating in the production of stop-motion films in Bristol, and also had Aardman participating in some of the CGI 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.[10] Next year, Shrek was released and went on to win the first Academy Award for Best Animated Feature Film. Due to the success of CGI 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 CGI.[11] Release of Shrek 2 and Shark Tale also made DWA the first studio to produce two CG animated features in a single year.[12]

The animation division was spun-off on October 27, 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 12, 2010, whatever comes last.[12]

2004–present

On January 31, 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 31, 2012, whatever comes last.[13]

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.[14] 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.[11]

On March 13, 2007, DreamWorks Animation announced it would release all of its films, beginning with Monsters vs. Aliens (2009), in stereoscopic 3D.[15] Together with Intel they co-developed a new 3-D film-making technology InTru3D.[16]

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.[17] With animating part of Puss in Boots (2011), they also started contributing to the feature films.[18]

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,[19] 6th in 2010,[20] 10th in 2011,[21] 14th in 2012,[22] and 12th in 2013.[23] 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,[24] 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."[25] In 2010, DWA became the first studio that released three CG-animated films in a year.

The same year DreamWorks Animation created a new division named MoonBoy Animation.[26] Its first show was Neighbors from Hell, a collaboration with Fox Television Animation.

Logo of Oriental DreamWorks

On February 17, 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 Shanghai Oriental DreamWorks Film & Television Technology Co., Ltd.[27] or Oriental DreamWorks for short. 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,[28] launched on August 6, 2012,[27] with the cash and intellectual capital worth of $350 million.[29] To produce animated films, 37 Entertainment, a Chinese animation studio with 175 employees, which had already worked on some of DWA's television productions, has been acquired.[30] Its first animated feature film, Kung Fu Panda 3, is scheduled to be released in 2016,[27] and will be made in co-production with DWA, with 1/3 of the film being produced in China.[30] The studio's first original film will follow in 2017, and a film per year after that.[30] A live action film is expected to be released within the next two years.[31] Part of the deal with the Chinese partners is also an entertainment and culture complex called Dream Center. Built in Shanghai with an investment exceeding $2.7 billion,[29] it will feature series of theatres, cinemas, shopping areas, galleries, hotels, restaurants, and the world largest IMAX screen, and is expected to open in 2016.[27]

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.[32] 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.[33] However, in August 2012, DreamWorks Animation signed a five-year distribution deal with 20th Century Fox for both domestic and international markets.[34] Rise of the Guardians is the last DreamWorks Animation film to be distributed by Paramount Pictures, and The Croods became 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.[35]
  • 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.[36]
  • On June 4, 2010, DreamWorks Animation and Royal Caribbean announced a strategic alliance set to take place onboard Royal Caribbean cruise ships including Allure of the Seas.[37]
  • DreamWorks Animation announced plans April 2011 to bring their characters to the resorts owned by Gaylord Entertainment in Nashville, Orlando, Dallas, and Washington D.C. The character meals and experiences with Shrek, Kung Fu Panda and other DreamWorks characters are part of the DreamWorks Experience.[38]

Board of directors

The following executives[39] are on the DreamWorks Animation SKG, Inc. Board of directors:

  • Mellody Hobson, chairman of DreamWorks Animation SKG Inc and president of Ariel Investments[40]
  • Jeffrey Katzenberg, chief executive officer of DreamWorks Animation SKG, Inc./co-founder of DreamWorks
  • Lewis Coleman, president of DreamWorks Animation SKG, Inc.
  • 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.[citation needed]
  • Judson Green, president and chief executive officer of NAVTEQ[citation needed]
  • Michael Montgomery, president of Montgomery & Co.
  • Thomas E. Freston, former CEO of Viacom
  • Harry (Skip) Brittenham, director
  • Charmaine Angela Rosales, executive assistant in NAVTEQ[citation needed]

Awards

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.[41]

Productions

Feature films

Released films

#TitleRelease dateBudgetGrossRTIMDb
1Antz01998-10-02October 2, 1998$105,000,000$171,757,86395%6.7
2The Prince of Egypt01998-12-18December 18, 1998$70,000,000$218,613,18879%6.8
3The Road to El Dorado02000-03-31March 31, 2000$95,000,000$76,432,72749%6.6
4Chicken Run02000-06-23June 23, 2000$45,000,000$224,834,56496%7.1
5Shrek02001-05-18May 18, 2001$60,000,000$484,409,21889%7.9
6Spirit: Stallion of the Cimarron02002-05-24May 24, 2002$80,000,000$122,563,53969%6.7
7Sinbad: Legend of the Seven Seas02003-07-02July 2, 2003$60,000,000$80,767,88445%6.5
8Shrek 202004-05-19May 19, 2004$150,000,000$919,838,75889%7.3
9Shark Tale02004-10-01October 1, 2004$75,000,000$367,275,01936%5.9
10Madagascar02005-05-27May 27, 2005$75,000,000$532,680,67155%6.8
11Wallace & Gromit: The Curse of the Were-Rabbit02005-10-07October 7, 2005$30,000,000$192,610,37295%7.6
12Over the Hedge02006-05-19May 19, 2006$80,000,000$336,002,99675%6.8
13Flushed Away02006-11-03November 3, 2006$149,000,000$178,120,01072%6.8
14Shrek the Third02007-05-18May 18, 2007$160,000,000$798,958,16240%6.0
15Bee Movie02007-11-02November 2, 2007$150,000,000$287,594,57751%6.2
16Kung Fu Panda02008-06-06June 6, 2008$130,000,000$631,744,56087%7.6
17Madagascar: Escape 2 Africa02008-11-07November 7, 2008$150,000,000$603,900,35464%6.7
18Monsters vs. Aliens02009-03-27March 27, 2009$175,000,000$381,509,87072%6.6
19How to Train Your Dragon02010-03-26March 26, 2010$165,000,000$494,878,75998%8.2
20Shrek Forever After02010-05-21May 21, 2010$165,000,000$752,600,86757%6.4
21Megamind02010-11-05November 5, 2010$130,000,000$321,885,76573%7.3
22Kung Fu Panda 202011-05-26May 26, 2011$150,000,000$665,692,28181%7.3
23Puss in Boots02011-10-28October 28, 2011$130,000,000$554,709,22684%6.7
24Madagascar 3: Europe's Most Wanted02012-06-08June 8, 2012$145,000,000$742,110,25179%6.9
25Rise of the Guardians02012-11-21November 21, 2012$145,000,000$303,474,22074%7.3
26The Croods02013-03-22March 22, 2013$135,000,000$131,771,14866%7.5

Upcoming films

TitleRelease dateRef(s)
Turbo02013-07-19July 19, 2013[42][43]
Mr. Peabody & Sherman02014-03-07March 7, 2014[32][42][44][45][46][47]
How to Train Your Dragon 202014-06-20June 20, 2014[42][48]
Happy Smekday!02014-11-26November 26, 2014[46][49][50][51]
The Penguins of Madagascar02015-03-27March 27, 2015[46][52][53]
Trolls02015-06-05June 5, 2015[46][54][55]
B.O.O.: Bureau of Otherworldly Operations02015-09-25September 25, 2015[46][56][57]
Mumbai Musical02015-12-19December 19, 2015[46][58][59]
Kung Fu Panda 302016-03-18March 18, 2016[46][60]
How to Train Your Dragon 302016-06-18June 18, 2016[46][61]

Films in development

TitleRef(s)
Me and My Shadow[42][45][47][62][63]
Pig Scrolls[64]
InterWorld[65]
Dinotrux[66][67]
Gil's All Fright Diner[68]
Truckers[56]
Imaginary Enemies[69]
Trollhunters[70][71]
Alma[72]
Maintenance[73]
Lidsville[74]
Flawed Dogs[75]
Rumblewick[76]
The Grimm Legacy[77]
Captain Underpants[78]
Puss in Boots 2[71]

Direct-to-video

#TitleRelease date
1Joseph: King of Dreams02000-11-07November 7, 2000

Specials

#TitleRelease date
1Shrek the Halls02007-11-28November 28, 2007
2Monsters vs. Aliens: Mutant Pumpkins from Outer Space02009-10-28October 28, 2009
3Merry Madagascar02009-11-17November 17, 2009
4Scared Shrekless02010-10-28October 28, 2010
5Kung Fu Panda Holiday02010-11-24November 24, 2010
6Dragons: Gift of the Night Fury02011-11-15November 15, 2011
7Madly Madagascar02013-01-29January 29, 2013

Short films

#TitleRelease date
1Shrek in the Swamp Karaoke Dance Party02001-11-02November 2, 2001
2Shrek 4-D02003-05-23May 23, 2003
3Cyclops Island02003-11-18November 18, 2003
4Far Far Away Idol02004-11-05November 5, 2004
5Club Oscar02005-02-08February 8, 2005
6The Madagascar Penguins in a Christmas Caper02005-10-07October 7, 2005
7First Flight02006-05-19May 19, 2006
8Hammy's Boomerang Adventure02006-10-17October 17, 2006
9Secrets of the Furious Five02008-11-09November 9, 2008
10B.O.B.'s Big Break02009-09-29September 29, 2009
11Legend of the Boneknapper Dragon02010-10-15October 15, 2010
12Donkey’s Caroling Christmas-tacular02010-12-07December 7, 2010
13Megamind: The Button of Doom02011-02-25February 25, 2011
14Thriller Night02011-09-13September 13, 2011
15The Pig Who Cried Werewolf02011-10-04October 4, 2011
16Monsters vs. Aliens: Night of the Living Carrots02011-10-13October 13, 2011
17Book of Dragons02011-11-15November 15, 2011
18Kung Fu Panda: Secrets of the Masters02011-12-13December 13, 2011
19Puss in Boots: The Three Diablos02012-02-24February 24, 2012
20Untitled Rocky and Bullwinkle short [79]02014-03-07March 7, 2014

Television series

#TitlePremiere dateEnd dateNetwork
1Toonsylvania [80]01998-02-14February 14, 199801998-12-21December 21, 1998Fox Kids
2Invasion America [81]01998-06-08June 8, 199801998-07-07July 7, 1998The WB/Kids' WB
3Alienators: Evolution Continues [82]02001-09-15September 15, 200102002-06-22June 22, 2002Fox Kids
4Father of the Pride02004-08-31August 31, 200402004-12-28December 28, 2004NBC
5The Penguins of Madagascar02009-03-28March 28, 2009presentNickelodeon
6Neighbors from Hell02010-06-07June 7, 201002010-07-26July 26, 2010TBS
7Kung Fu Panda: Legends of Awesomeness02011-11-07November 7, 2011presentNickelodeon
8Dragons: Riders of Berk02012-08-07August 7, 2012presentCartoon Network
9Monsters vs. Aliens02013-03-23March 23, 2013presentNickelodeon
10Turbo: F.A.S.T. [83][84]02013-12-01December 2013 Netflix
11Future Earth [85]TBA Discovery Family

Inherited material

Additionally, DreamWorks Animation holds the underlying US rights to the DiC animated series Alienators: Evolution Continues, co-produced with the parent DreamWorks studio and Columbia TriStar Television (now Sony Pictures Television, who holds international rights). The series was a spin-off of the 2001 DreamWorks/Columbia film Evolution.

See also

Portal iconAnimation portal
Portal iconCompanies portal
Portal iconFilm portal
  • DreamWorks Studios
  • Pacific Data Images
  • Aardman Animations
  • Daftar/Tabel -- DreamWorks Animation films


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