DreamWorks Animation SKG, Inc. (DWA) is an American animation studio based in Glendale, California, that creates animated feature films, television programs, and online virtual worlds. They have released a total of 30 feature films, including the franchises of Shrek, Madagascar, Kung Fu Panda, Monsters vs. Aliens, How to Train Your Dragon and The Croods. As of November 2014, its feature films have made $12 billion worldwide, with its $416 million average gross surpassing all other animation studios excluding Pixar ($607 million) and Disney ($437 million). Shrek 2 and Shrek the Third are among the 50 highest-grossing films of all time, and fifteen of the films are among the 50 highest-grossing animated films, with Shrek 2 being the sixth all-time highest. Even though the studio also made traditionally animated films earlier, as well as a co-production with Aardman Animations, all of their films now use computer animation. The studio has so far received three Academy Awards along with numerous Annie & 22 Emmy Awards; as well as 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.
The studio was formed by the merger of the feature animation division of DreamWorks and Pacific Data Images (PDI). Originally formed under the banner of DreamWorks 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 two campuses: the original DreamWorks feature animation studio in Glendale and the PDI studio in Redwood City.
Films produced by DreamWorks Animation were formerly distributed worldwide by the live-action DreamWorks studio, then by Paramount Pictures, a subsidiary of Viacom, who acquired the live-action DreamWorks studio in February 2006, spinning it off again in 2008. In 2013, 20th Century Fox, a subsidiary of 21st Century Fox, took over distribution of DreamWorks Animation films for a five-year deal that will last until 2018.