Wednesday 18 January 2012

Dreamworks


DreamWorks Pictures, also known as DreamWorks, LLC, DreamWorks SKG, DreamWorks II Distribution Co., LLC, DreamWorks Studios or DW Studios, LLC, is an American film studio which develops, produces, and distributes films, video games and television programming. It has produced or distributed more than ten films with box-office grosses totaling more than $100 million each.
DreamWorks began in 1994 as an ambitious attempt by media moguls Steven Spielberg, Jeffrey Katzenberg and David Geffen to create a new Hollywood studio of which they own 72%. 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 Steven Spielberg's DreamWorks studio as an independent entity. The movie studio is 50% owned by Reliance which is led by Anil Ambani. They have made films such as Shrek, Kung Fu Panda, Bee Movie, Puss In Boots and Madagascar.

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