DreamWorks Animation LLC (also simply known as DreamWorks) is an American animation studio that is a subsidiary of Universal Pictures, a division of Comcast through its wholly owned subsidiary NBCUniversal. 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 36 feature films, including ones from the Shrek, Madagascar, Kung Fu Panda, How to Train Your Dragon, The Croods, Trolls and The Boss Baby franchises.
Originally formed under the banner of DreamWorks Pictures in 1994 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 an acquisition for the animation studio.
As of October 2017, its feature films have grossed $14.457 billion worldwide, with a $417.8 million average gross per film. Shrek 2 (2004) is among the 50 highest-grossing films of all time, being the fiftieth, and fourteen of the other films produced by the studio are also among the 50 highest-grossing animated films. 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 earned three Academy Awards, as well as 41 Emmy Awards and numerous Annie Awards, and multiple Golden Globe and 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 DreamWorks Pictures from 1998 to 2005, Paramount Pictures from 2006 to 2012, and 20th Century Fox from 2013 to 2017. Universal Pictures now distributes subsequent DreamWorks Animation films, which began on February 22, 2019 with the release of How to Train Your Dragon: The Hidden World, and currently owns the rights to its back catalogue as well.