DreamWorks Company Description
DreamWorks woke up to media consolidation. Created in 1994 by Steven Spielberg (film director/producer), Jeffrey Katzenberg (former Disney film executive and animation guru), and David Geffen (recording industry maven), DreamWorks produces live-action movies (Transformers) and TV shows (Las Vegas). Initially an experiment in creating a diversified media company, DreamWorks struggled with any business beyond filmed entertainment and shed its other operations, including arcade business GameWorks (a venture with SEGA and Universal Pictures) and a music label (sold to Universal Music). Big money maker DreamWorks Animation was spun off to shareholders. The three founders sold DreamWorks to rival Paramount in 2006.
View the Comprehensive Company Description for DreamWorks
The Company Description provides a historical perspective of DreamWorks's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of DreamWorks's evolution in the marketplace.
