They have an upcoming theatrical slate of films, which includes the live-action remake of How to Train Your Dragon on June 13, 2025, The Bad Guys 2 on August 1, 2025, Gabby's Dollhouse: The Movie on September 26, 2025, and Shrek 5 on December 23, 2026.

[a] Formed as a division of DreamWorks Pictures in 1994 with alumni from Amblin Entertainment's former animation branch Amblimation, it was spun off into a separate company in 2004.

To build the talent base, Spielberg brought over artists from his London-based studio, Amblimation, while Katzenberg recruited some of the top animation staff from Disney.

The same year DW acquired majority interest (90%) in PDI, and reformed it into PDI/DreamWorks, the Northern California branch of its new business division.

[44] According to a Los Angeles Times report, DreamWorks Animation was in talks with Sony Pictures to distribute its upcoming films, such as the 2013 releases of The Croods and Turbo.

[52] The next day, DWA completed a five-year licensing agreement with Super RTL to start that September for the Classic Media library and the Netflix slate.

The proposal reportedly calls for the combined company to take the name "DreamWorks-Hasbro" and for Jeffrey Katzenberg to become its chairman, but as a matter of policy, neither Hasbro nor DWA publicly comment on mergers and acquisitions.

With HBO Asia handling affiliate sales, marketing and technical services, the network launched in several Asian countries (except China and Japan) in the second half of 2015.

So far, under Arnold and Soria's current tenure they signed Jason Reitman[66] and Edgar Wright[67] to work on their own animation debuts.

Two weeks later, PDI/DreamWorks completely shut down as part of its parent company's larger restructuring efforts due to the box office underperformance of Penguins of Madagascar (2014), cutting 500 jobs.

[68] On April 28, 2016, Comcast officially announced that its NBCUniversal division intended on acquiring DreamWorks Animation for $3.8 billion, valuing the company at $41 per share.

[69] Jeffrey Katzenberg was to remain involved in the company as head of DreamWorks New Media, but was to cede control of the studio to Illumination's CEO Chris Meledandri, who would oversee both.

[71][72] At Guggenheim Partners' TMT Symposium, NBCUniversal CEO Steve Burke discussed how the purchase of DWA would fit into its business strategies.

Burke explained that Meledandri planned to "take a lot of the existing DreamWorks franchises and add value as we create new franchises", and that the main goal was to "[take] the low-single-digit returns of the movie business and turn it into a different kind of business" by creating new intellectual property that can be merchandised and adapted into theme park attractions.

[93] He was later promoted to president of the Universal Filmed Entertainment Group in February 2019 following the release of How to Train Your Dragon: The Hidden World,[94] and DreamWorks Animation subsequently hired former Sony Pictures Imageworks head Randy Lake as the new chief operating officer of the company three months later.

Pearl Studio collaborated with DreamWorks to produce Abominable (2019), with the film's original director, Jill Culton, returning.

The first film in this collaboration, Puss in Boots: The Last Wish, on which Meledandri served as executive producer, was released in December 2022 to universal acclaim and commercial success.

The logo was created by production designer Kendal Cronkhite (the Trolls films), Suzanne Buirgy (Home (2015) and Abominable (2019)) and a team of 10–40 people, taking eight months to complete.

Due to the release of Dog Man (2025), The Bad Guys franchise is replaced by The Wild Robot (2024) and it also added Gingy in the logo.

Puss in Boots and Penguins of Madagascar were partially animated at its Bangalore campus called DreamWorks Dedicated Unit (DDU).

After the release of How to Train Your Dragon: The Hidden World, DreamWorks films started to have much lower costs in the $65–100 million range, similar to its sister studio, Illumination.

[123] Margie Cohn reaffirmed not having a house style in December 2022, stating that the studio can release a film that looks like The Bad Guys, Puss in Boots: The Last Wish, or Trolls.

[128] The DreamWorks Experience is a package of character interactions and experiences, including shows: Ice shows, Aqua shows, Sailaway parties, parades, wow moments, meet and greets, and character dining, featuring from the Shrek franchise: Shrek, Princess Fiona, Puss in Boots, and Kitty Softpaws, the Kung Fu Panda franchise: Po the Panda, Tigress the Tiger, the Madagascar franchise: Alex the Lion, Gloria the Hippo, King Julien the Ringtail Lemur, Mort the goodman Lemur, The Penguins: Skipper, Kowalski, Rico, Private, the How To Train Your Dragon franchise: Toothless, Meatlug, Stoick, Valka, Gobber, and other DreamWorks Animation characters.

[130] In April 2011, the DreamWorks Experience was announced for resorts owned by Gaylord Entertainment in Nashville, Orlando, Dallas, and Washington, D.C. for a four-year contract ending January 1, 2015.

[133] On July 15, 2012, Dreamworld closed the Avalanche in order for construction to continue on the final development phase of the DreamWorks Animation alliance, Kung Fu Panda: Land of Awesomeness.

[136] The new area included a new set of bumper cars, Skadoosh, as well as Dreamworld's eighth thrill ride, Pandamonium, and the Kung Fu Academy.

Most of the rides remained in the new rethemed area, while the attractions based on Kung Fu Panda were moved to Ocean Parade.

[138][139] The world's first indoor interactive play and creativity center theme park located within City of Dreams Manila opened on June 12, 2015.

The area will include DreamWorks Animation franchise like Shrek, Kung Fu Panda, Trolls, and Gabby's Dollhouse.

[152] The Fox deal ended in 2017 after the release of Captain Underpants: The First Epic Movie and NBCUniversal's purchase of DreamWorks Animation a year prior.