DreamWorks Pictures

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DreamWorks Pictures , officially called DW II Distribution Co., LLC , [1] also known as DreamWorks, LLC , DreamWorks SKG , DreamWorks Studios or DW Studios, LLC , is an American movie studio . It has made or sold more than ten movies which made more than $100 million each at the box-office .

History [ change | change source ]

DreamWorks began in 1994 . It was founded by Steven Spielberg , Jeffrey Katzenberg and David Geffen (making the SKG at the bottom of the DreamWorks logo). They own 72% of the company. In December 2005, the founders agreed to sell the studio to Viacom . The sale was done in February 2006. In 2008, DreamWorks announced that it would split from Paramount. It signed a $1.5 billion deal to make movies with India 's Reliance ADA Group . [2] Reliance gave $325M to help recreate DreamWorks studio as its own company. Clark Hallren led the Reliance team in making plans for the company. [3] [4] The movie studio is 50% owned by Reliance. Reliance is led by Anil Ambani . [5]

The part of DreamWorks which makes animations was made into DreamWorks Animation SKG in 2004.

References [ change | change source ]

  1. "DreamWorksStudios.com Terms of Use" . Archived from the original on 2012-09-19 . Retrieved 2012-08-10 .
  2. AFP: DreamWorks, India's Reliance Sign Major Deal Archived 2013-05-28 at the Wayback Machine , AFP , September 21, 2008
  3. Morgan, Richard (October 16, 2009). "Hollywood's enablers" . The Deal Magazine. Archived from the original on December 13, 2009 . Retrieved April 22, 2010 .
  4. McClintock, Pamela (August 17, 2009). "Reliance, DreamWorks close deal" . Daily Variety . Retrieved April 22, 2010 .
  5. "Indian Tiger Eyes Wounded MGM Lion" . Archived from the original on 2011-07-07 . Retrieved 2012-08-10 .

Other websites [ change | change source ]