DreamWorks Animation, privately owned and headquartered on a 13-acre campus in Glendale, California, functions as a subsidiary of Universal Pictures, a division of Comcast's NBCUniversal. Founded in 1994 by Steven Spielberg, Jeffrey Katzenberg, and David Geffen as the animation department of DreamWorks SKG, and employing approximately 2000 individuals, the studio specializes in animation and post-production, focusing on the production of computer-generated animated feature films, television programming, and virtual shorts. The entity was spun off as an independent public corporation in 2004 before its acquisition by NBCUniversal in 2016 for approximately $3.8 billion. Over its history, the studio has generated more than $17 billion in global box office revenue and established several media franchises, including Shrek, Madagascar, Kung Fu Panda, How to Train Your Dragon, Trolls, and The Boss Baby.

Revenue

Founded

1994

Headcount

1,477

Headquarters

United States

Primary Segment

Animation and Post-production

Ownership

Privately Owned

News Summary:

On July 28, 2026, the Academy Software Foundation updated MoonRay, DreamWorks Animation’s open-source in-house production renderer, to version 2026.29, introducing initial support for rendering MaterialX shader graphs. The high-performance Monte Carlo ray tracer has been used on all recent DreamWorks movies since its open-sourcing in 2023. Earlier, on July 21, P-pop group BINI released "A Parallel World," its original track for DreamWorks Animation’s upcoming film "Forgotten Island," following its debut during the group’s Signals World Tour kickoff. Previously, on July 15, DreamWorks Animation character Shrek entered the FIFA Heroes mobile game as part of a new Shrek Season Pass, available until August 10. This followed the July 9 announcement that the VIEW Conference 2026 would host a special presentation with the writers and directors of "Forgotten Island," the new original animated feature from Universal Pictures and DreamWorks Animation, set to hit theaters on September 25. Concurrently, on July 8, Universal Kids Resort, Universal Destinations & Experiences’ first regional theme park in Frisco, Texas, officially opened with a celebration emceed by Laila Lockhart Kraner, who plays "Gabby" in DreamWorks’ "Gabby’s Dollhouse."

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