20 Facts About DreamWorks Pictures

DreamWorks Pictures is an American film company and distribution label of Amblin Partners.

The following year, DreamWorks entered into a distribution agreement with Walt Disney Studios Motion Pictures, wherein Disney would distribute DreamWorks films through Touchstone Pictures; the deal continued until 2016.

Currently, DreamWorks Pictures operates out of offices at Universal Studios Hollywood.

DreamWorks Pictures is distinct from its former animation division of the same name, which was spun-off in 2004 and became a subsidiary of NBCUniversal in 2016.

DreamWorks Pictures was set up to produce series for broadcast networks, cable channels and first run syndication, with no first-look guarantee for ABC, but financial incentives favored the network.

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In June 1995, DreamWorks announced that it had signed a $1 billion deal with MCA Inc to distribute its theatrical releases in other countries and its home video releases worldwide over 10 years.

In 1996, the company's record label, DreamWorks Pictures Records, was founded, the first project of which was George Michael's album Older.

In 1997, DreamWorks Pictures released its first three feature films, The Peacemaker, a film about terrorism; Amistad, Spielberg's first film for the studio about an African slave rebellion and the aftermath of the massacre; and Mouse Hunt, the studio's first family film about two brothers trying to fight a mischievous mouse.

In 2000, DreamWorks Pictures was planning in building a studio backlot after buying 1,087 acres of land in the Playa Vista area in Los Angeles.

However, The Chumscrubber was a commercial and critical failure, which led DreamWorks Pictures to shut down the division in 2007 shortly after the release of the Japanese film Casshern.

On October 27,2004, DreamWorks Pictures Animation was spun off into a separate public company.

In 2005, out of their two large budget pictures, War of the Worlds was produced as a joint effort with Paramount DreamWorks Pictures which was the first to reap a significant amount of profits, while The Island bombed at the domestic box office but turned a profit internationally through Warner Bros.

The acquisition of the live-action DreamWorks Pictures studio was completed by the second iteration of Viacom, which had recently split from the original at the end of 2005, on February 1,2006.

Paramount DreamWorks Pictures retained the worldwide distribution rights to those films, as well as various ancillary rights, including music publishing, sequels and merchandising.

In June 2008, it reported that DreamWorks Pictures was looking for financing that would allow it to continue operations, but as an independent production company, once its deal with Paramount ended later that year.

In September 2008, it was announced that DreamWorks Pictures closed a deal with Indian investment firm Reliance Anil Dhirubhai Ambani Group to create a $1.

On February 9,2009, DreamWorks Pictures entered into a long-term, 30-picture distribution deal with Walt Disney Studios Motion Pictures, by which DreamWorks' films would be released through the Touchstone Pictures banner, with Disney collecting a 10 percent distribution fee.

DreamWorks Pictures raised $325 million from Reliance Entertainment and an additional $325 million in debt in 2009.

Under the deal, DreamWorks Pictures scaled back production to three films per year and sought co-financiers on big budget films, such as 20th Century Fox, who co-financed Lincoln and Bridge of Spies.

DreamWorks Pictures continued to have Disney distribute and market their films.