Distributed by Paramount Pictures Dreamworks Animation SKG A Look at the Studio's Success

Dreamworks Animation SKG has come a long way since its inception in 1994. The studio was founded by Steven Spielberg, Jeffrey Katzenberg, and David Geffen.

The studio's success can be attributed to its innovative approach to animation. They produced the first computer-animated film, Antz, in 1998.

Their first major hit was Shrek in 2001, which became a critical and commercial success. The film's success can be attributed to its unique blend of humor and satire.

Shrek's success led to the creation of multiple sequels and spin-offs, cementing the studio's place in the animation industry.

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Dreamworks and Paramount have a seven-year distribution deal, starting with the release of "Over the Hedge" in May.

Paramount Pictures will handle marketing and distribution for Dreamworks Animation films, earning an 8 percent distribution fee.

This deal is a significant one, as it allows Dreamworks Animation to focus on creating more content while leaving the distribution to Paramount.

Paramount will also be responsible for selling the Dreamworks live-action film library, which is expected to be worth $850 million to $1 billion.

Soros Fund Management, run by billionaire investor George Soros, is in exclusive talks to buy the film library.

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Dreamworks Animation has produced many beloved films, including Shrek (2001), which became the highest-grossing animated film of all time upon its release.

The studio's first animated film, Antz (1998), was a commercial success and paved the way for future animated projects.

Shrek 2 (2004) was a massive hit, grossing over $919 million worldwide and cementing the Shrek franchise's place in pop culture.

The Madagascar franchise, which includes Madagascar (2005), Madagascar: Escape 2 Africa (2008), and Madagascar 3: Europe's Most Wanted (2012), was also a huge success, grossing over $2.8 billion worldwide.

Kung Fu Panda (2008) was a critical and commercial success, grossing over $631 million worldwide and spawning two sequels.

The How to Train Your Dragon franchise, which includes How to Train Your Dragon (2010), How to Train Your Dragon 2 (2014), and How to Train Your Dragon: The Hidden World (2019), has grossed over $1.3 billion worldwide.

The studio has also produced several live-action films, including The Prince of Egypt (1998) and Gladiator (2000), which won several Academy Awards.

The Prince of Egypt's success led to the creation of several spin-off projects, including a stage musical and a direct-to-video sequel.

The studio's acquisition by Amblin Partners in 2016 marked a new chapter in its history, with a focus on producing more live-action films and television shows.

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DreamWorks Animation and Paramount Pictures have a distribution deal that's been making waves in the industry. DreamWorks Animation will operate under this seven-year deal, which starts with the release of "Over the Hedge" in May.

Paramount Pictures will handle the marketing and distribution of DreamWorks Animation films, earning an 8 percent distribution fee. This fee is the same one that DreamWorks Studios used to receive.

The new deal is worth $75 million in cash to DreamWorks Animation, which it's using to pay off debt. The agreement expires at the end of 2012, two years longer than the original deal with DreamWorks Studios.

Paramount Pictures is also looking to sell DreamWorks' live-action film library, which could be worth $850 million to $1 billion.

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Paramount Pictures is launching a big-budget animation unit to make its own animated movies, putting it in competition with longtime partner DreamWorks Animation.

The new division will make one animated film per year with a budget of up to $100 million each.

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Paramount's first fully owned animated movie, "Rango", charmed audiences and grossed over $240 million worldwide since its release in March.

The studio is looking to produce more of its own material because it's more lucrative than simply distributing other studios' pictures for a fee.

Paramount has offered a one-year extension on its deal with DreamWorks Animation, but it's looking to get a better deal for any extension beyond 2013.

The new division will create characters in conjunction with Nickelodeon, a channel owned by Paramount's parent company, Viacom Inc.

Paramount plans to develop Nickelodeon as a film brand for families, with fresh material and not just movies from existing TV shows.

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Paramount Pictures and DreamWorks Animation SKG Inc. have chosen to offer next-generation HD DVDs, dropping support for Blu-ray Disc.

Standalone HD DVD players have a bigger slice of the market than Blu-ray Disc players, but when you count Sony's PlayStation 3 game console, which comes with a Blu-ray Disc drive, there are more Blu-ray players in U.S. homes.

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The Toshiba Corp.'s cheapest HD DVD player sells for $299, with both players likely to include as many as five free movies as an incentive.

Movies directed by Steven Spielberg will be released in both formats, giving consumers a choice between the two.

HD DVDs are essentially DVDs on steroids, meaning movie studios can turn to existing assembly lines to produce them in mass, making them a more affordable option for consumers.

The lower price for the Toshiba devices will appeal to the family market, making HD DVDs a more attractive option for households with multiple viewers.

Paramount, which owns DreamWorks Pictures and handles home sales for the separate company DreamWorks Animation, previously released movies in Blu-ray Disc and HD DVD.

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