DreamWorks Pictures: Difference between revisions

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DreamWorks Pictures (also known as "DreamWorks, LLC", "DreamWorks SKG" or "DreamWorks Studios") is an American film studio that was established in 1994. DreamWorks was formed as an ambitious attempt by media moguls Steven '''S'''pielberg, Jeffery '''K'''atzenberg and David '''G'''effen (hence '''SKG''') to create a new Hollywood studio. The studio primarily released their own films, although some films were co-released or released some territories by another studio (most often Universal Studios and Paramount Pictures and in some cases, 20th Century Fox Film Corporation, Warner Bros. Pictures and Columbia Pictures). On December 11, 2005, the founders agreed to sell the studio to Viacom to become a division of Paramount Pictures. The sale was completed on February 1, 2006, but the studio became independent again in 2008. On February 9, 2009, DreamWorks struck a distribution deal with Walt Disney Studios Motion Pictures (through their Touchstone Pictures label), which has been effective since 2011. DreamWorks Animation was formerly a subsidiary of the studio until the two split into separate companies in 2004. DreamWorks Pictures is now legally known as "DW II Management, Inc." with the "DreamWorks" name and logo being used under license from DreamWorks Animation. Paramount owns the rights to the studio's live-action films (from the studio's inception until the spin-off from Viacom) after purchasing rights held by Soros Strategic Partners LP and Dune Entertainment II LLC, as well as the films they distributed until the partnership ended, with U.S.TV over-the-air rights handled byTrifecta Entertainment and Media. On December 16, 2015, Spielberg, Jeff Skoll, Anil Ambani of Reliance Anil Ambani Group and Darren Throp of Entertainment One formed Amblin Partners with DreamWorks becoming the adult label of the new company. Later on, Universal signed a deal to distribute the later titles by Amblin so Universal Studios will distribute the studio's material once the distribution deal with Disney expires. Films produced by DreamWorks with distribution handled by Walt Disney Studios have still retained distribution by the aforementioned company after the contract expired in 2016. DreamWorks Animation (which was acquired by NBCUniversal in 2016) owns all of the studio's animated films.