DreamWorks Pictures: Difference between revisions

'''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. In 1995, [[CJ Entertainment]] became an investor in the studio and began distributing and licensing select titles in Korea and Asia. The studio primarily released their own films domestically, although some films were co-released or released in some territories by another studio (most often [[Universal Pictures]] (who were their principal international distribution partner (through [[United International Pictures|UIP]]) during their independent era) and [[Paramount Pictures]] and in some cases, [[20th Century Studios|20th Century Fox]], [[Warner Bros. Pictures]], [[Columbia Pictures]], and even [[Buena Vista International]] for at least one film). On December 11, 2005, the founders agreed to sell the studio to [[Viacom Productions|Viacom]] (later ViacomCBS, now [[Paramount Global]]) 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 (ironically given one of its founders' history) struck a distribution deal with The Walt Disney Studios (through their [[Touchstone Pictures]] label), which was effective from 2011 to 2016. In 2012, DreamWorks signed a deal with Mister Smith Entertainment to handle sales of its titles in Europe, Middle East and Africa. [[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 by Trifecta Entertainment and Media. On December 16, 2015, Spielberg, Jeff Skoll, Anil Ambani of [[Reliance Entertainment|Reliance Anil Ambani Group]] and Darren Throp of [[Entertainment One|eOne]] 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 distributes the studio's material once the distribution deal with Disney expired, of which the majority of their post-2016 output has distributed by (though some titles were released by Paramount, Netflix, and at least one title even by [[Lionsgate]]). Films produced by DreamWorks with distribution handled by The 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.