IPO Profile

Dreamworks Animation
1000 Flower Street, Glendale, CA 91201-3007
Tel: 818-695-5000
Web:
Ticker: DWA
Amount Raised: $812,000,000.00

Description:
DreamWorks Animation is principally devoted to developing and producing computer generated, or CG, animated feature films. With world-class creative talent, a strong and experienced management team and advanced CG filmmaking technology and techniques, we make high quality CG animated films meant for a broad movie-going audience. We believe we currently have more CG animated feature films in development and production than any other animation studio. We employ a core staff of artists, technology personnel and production staff who have been creating, developing and applying CG techniques for over 20 years. We have theatrically released a total of eight animated feature films, three of which have been CG-only, and one direct-to-video title. Our CG animated feature films have achieved domestic box office success, with Antz, Shrek and Shrek 2 grossing approximately $90.2 million, $267.7 million and $425.0 million (Shrek 2�s results are through July 18, 2004), respectively, and collectively selling approximately 56 million home video units worldwide (Shrek 2 is scheduled to be released on home video in November 2004). Shrek 2, which opened on May 18, 2004, was the most widely distributed film ever in the domestic theatrical market (playing in 4,223 theaters at its peak), achieved the highest domestic box office gross of any animated film, had the most successful three-day opening weekend of any animated film and broke the single-day box office sales record for any film by grossing $44.8 million. Our five non-CG animated feature films have achieved total domestic box office receipts of approximately $358.7 million and have sold approximately 44 million home video units worldwide. We believe our experience, creative talent, scale of operations, technology and animation proficiency enable us to release two high quality CG animated feature films per year. We are scheduled to release our second CG animated feature film for the year, Shark Tale, into the domestic theatrical market on October 1, 2004. We are in various stages of pre-production and production on five additional feature films that we expect to release through 2006. In addition, we have a substantial number of projects in creative and story development that are expected to fill the release schedule in 2007 and beyond.