DreamWorks Animation SKG, Inc. (NASDAQ: DWA) is an American animation studio based in Glendale, California that creates animated feature films, television program and online virtual worlds. They have released a total of 23 feature films, including the series of Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon.

Even though the studio also made traditionally animated films about serious subjects earlier, such as The Prince of Egypt, Joseph: King of Dreams, The Road to El Dorado, Spirit: Stallion of the Cimarron, and Sinbad: Legend of the Seven Seas, most of their computer-generated films and television series have now gained the studio a reputation for being focused on humor and satire although their most successful recent franchises have it balanced with more dramatic narratives.

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, California and the PDI studio in Redwood City, California.

DreamWorks Studios, officially DW II Distribution Co., LLC, also known as DreamWorks, LLC, DreamWorks SKG, DreamWorks Studios or DW Studios, LLC, is an American film studio which develops, produces, and distributes films, video games and television programming. It has produced or distributed more than ten films with box-office grosses totalling more than $100 million each.

DreamWorks began in 1994 as an ambitious attempt by media moguls Steven Spielberg, Jeffrey Katzenberg and David Geffen (forming the SKG present on the bottom of the DreamWorks logo) to create a new Hollywood studio of which they own 72%. In December 2005, the founders agreed to sell the studio to Viacom, parent of Paramount Pictures. The sale was completed in February 2006. In 2008, DreamWorks announced its intention to end its partnership with Paramount and signed a $1.5 billion deal to produce films with India's Reliance ADA Group. Reliance provided $325M of equity to fund recreating Steven Spielberg's DreamWorks studio as an independent entity. Clark Hallren, former Managing Director of the Entertainment Industries group of J.P. Morgan Securities and Alan J. Levine of J.P. Morgan Entertainment Advisors led the Reliance team in structuring the capital and business plan for the company. The movie studio is 50% owned by Reliance which is led by Anil Ambani.