DreamWorks Animation SKG, Inc. (known professionally as DreamWorks Animation or simply DreamWorks) is an American animation studio that is a subsidiary of NBCUniversal, a division of Comcast. It is based in Glendale, California and produces animated feature films, television programs and online virtual games. The studio has currently released a total of 33 feature films, including the franchises Shrek, its prequel-spinoff Puss in Boots, Madagascar, Kung Fu Panda, How to Train Your Dragon and Trolls and othere hits like Monsters vs. Aliens, The Croods and Home. Originally formed under the banner of its main DreamWorks studio in 1997 by some of Amblin Entertainment's former animation branch Amblimation alumni, it was spun off into a separate public company in 2004. DreamWorks Animation currently maintains its Glendale campus, as well as satellite studios in India and China. On August 22, 2016, NBCUniversal acquired DreamWorks Animation for $3.8 billion, making it a division of the Universal Filmed Entertainment Group.
As of January 2017, its feature films have grossed $13.83 billion worldwide, with a $419.2 million average gross per film. Shrek 2 is among the 50 highest-grossing films of all time, and fourteen of the films are among the 50 highest-grossing animated films, with Shrek 2 being the ninth all-time highest. Although the studio also made traditionally animated films in the past, as well as stop-motion co-production with Aardman Animations, all of their films now use computer animation. The studio has received three Academy Awards, as well as 22 Emmy and numerous Annie Awards, and multiple Golden Globe & BAFTA nominations. In recent years, the animation studio has acquired and created new divisions in an effort to diversify beyond the high-risk movie business.
Films produced by DreamWorks Animation were formerly distributed worldwide by its main DreamWorks studio and then by Paramount Pictures, who acquired the main DreamWorks studio in February 2006 and spun it off again in 2008. In early 2013, 20th Century Fox took over a theatrical distribution deal with DreamWorks Animation films starting on March 22, 2013 with The Croods which will end on June 2, 2017 with Captain Underpants: The First Epic Movie, in which NBCUniversal's Universal Pictures will distribute subsequent DreamWorks Animation films, starting on March 1, 2019 with the release of How to Train Your Dragon 3.
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