DreamWorks is a film company and distribution label of Amblin Partners, originally founded on October 12, 1994, as a live-action film studio by Steven Spielberg, Jeffrey Katzenberg, and David Geffen (together, SKG), of which they owned 72% . DreamWorks Pictures used to distribute its own and third-party films. DreamWorks Interactive, a computer and video game developer and joint venture between DreamWorks and Microsoft, was founded in the same year. Electronic Arts announced the acquisition of DreamWorks Interactive and merged it with EA Pacific and Westwood Studios to form EA Los Angeles on February 24, 2000. In September 2008, DreamWorks closed a deal with Indian investment firm Reliance Anil Dhirubhai Ambani Group to create a $1.2 billion stand-alone production company and end its ties with Paramount. In January 2009, Spielberg entered a licensing agreement with DreamWorks Animation to use the DreamWorks trademarks, logo, and name for film productions and releases. The contract allowing Spielberg to license the DreamWorks name and logo from Jeffrey Katzenbergs DreamWorks Animation was set to expire on January 1, 2016, leading to media speculation that Spielberg would not renew the pact. Disney retained the film rights to the fourteen DreamWorks films it released, as well as acquiring the ... . DreamWorks Animation was acquired by NBCUniversal at a cost of $3.8 billion in 2016. DreamWorks Animation shifted away from producing films fully in-house at its Glendale, California studio and will rely more heavily on third-party studios as part of cost-cutting measures. DreamWorks Pictures sort of fallen from the radar and hadnt made anything that is notable, in fact, from 2012 to 2019, they only made 3 to 5 movies per year.