Kennedy and Marshall are founders at Steven Spielberg's Amblin Entertainment, though no longer affiliated with the studio.

In 1992, Kathleen Kennedy and Frank Marshall left Amblin Entertainment to form their own self-titled banner The Kennedy/Marshall Company with a three-year first look deal at Paramount Pictures.

After leaving Amblin, Marshall directed and Kennedy produced Alive which was released in 1993 as a Kennedy/Marshall production;[2] however, the first film under their deal with Paramount was Milk Money (1994).

[3] In 1995, the duo left Paramount Pictures with a three-year production deal at the Walt Disney Studios.

[6] Later that same year, the studio left Disney for Universal Pictures, with an eleven-year deal.