{"id":17354,"date":"2014-03-15T01:02:54","date_gmt":"2014-03-15T05:02:54","guid":{"rendered":"https:\/\/bejone03.expressions.syr.edu\/trf235\/?p=17354"},"modified":"2014-04-21T16:10:36","modified_gmt":"2014-04-21T20:10:36","slug":"dreamworks-studios-2","status":"publish","type":"post","link":"https:\/\/bejone03.expressions.syr.edu\/trf235\/2014\/03\/15\/dreamworks-studios-2\/","title":{"rendered":"DreamWorks Studios"},"content":{"rendered":"
By Kevin Sir<\/pre>\n
\"\"<\/a>
Courtesy of wholemovieinfo.com [a]<\/a><\/p><\/div>\n
DreamWorks Studios<\/strong>
\n100 Universal City Plaza Dr., Bldg. 5121
\nUniversal City, CA 91608
\nP: (818) 733-9300
\nhttp:\/\/www.dreamworksstudios.com\/<\/a><\/p>\n
Key Executives<\/h1>\n
\"spielberg_steven_website\"<\/a>
Steven Spielberg (Principal Partner) [b]<\/a><\/p><\/div>
\"snider_stacey_website\"<\/a>
Stacey Snider (Principal Partner \/ Co-Chairman \/ CEO) [c]<\/a><\/p><\/div>
\"small_jeff_website\"<\/a>
Jeff Small (President \/ Chief Operating Officer) [d]<\/a><\/p><\/div>
\"bario_holly_website\"<\/a>
Holly Bario (President of Production) [e]<\/a><\/p><\/div><\/p>\n
Company Overview<\/strong><\/p>\n
In 2007, DreamWorks<\/a> introduced Stacey Snider<\/a>, who was a former Chairman of Universal Studios<\/a>,\u00a0as the current Co-Chair and CEO of DreamWorks. In 2008, a $1.5 billion dollar deal was made with an Indian investment firm, Reliance ADA Group<\/a> enabling DreamWorks\u2019 films to be distributed and promoted by The Walt Disney Studios<\/a>. [1]<\/a>\u00a0[2]<\/a><\/p>\n
Brief History<\/strong><\/p>\n
Formerly identified as DW II Distribution Company, LLC, DreamWorks Studios<\/a> is now known as DreamWorks, LLC, DreamWorks SKG, DreamWorks Pictures, and\/or DreamWorks. The emergence of DreamWorks took place on October 12, 1994 when Steven Spielberg<\/a>, Jeffrey Katzenberg<\/a>, and David Geffen <\/a>decided to establish Hollywood a new studio. The \u201cSKG\u201d appearing on the bottom of the logo for both DreamWorks and DreamWorks Animation<\/a> (DWA) was created based off of these founders\u2019 last names. In 2004, DWA separated from DreamWorks to form two companies. The license for the \u201cDreamWorks\u201d name and logo are licensed through DWA. Viacom<\/a>, who was the parent company of Paramount Pictures<\/a> on December 11, 2005, bought DreamWorks, however in 2008, DreamWorks gained back its independence. [1]<\/a> [2]<\/a><\/p>\n
Financials<\/h1>\n
\"MV5BMTQ3ODY4NzYzOF5BMl5BanBnXkFtZTgwNjI3OTE4MDE@._V1_SX214_AL_\"<\/a>
Need For Speed Poster,
Courtesy of IMDb [f]<\/a><\/p><\/div>\n
Contrary to DreamWorks Animation<\/a>, DreamWorks Studio<\/a>\u2019s financials are unattainable since the company still remains as a privately held company. However, monumental financial information about DreamWorks can be attained through deeper research. As mentioned in the Company Overview, the agreements made with both Viacom<\/a> and Reliance ADA Group<\/a> add up to be about $3 billion dollars and this has saved DreamWorks\u2019 debt from the previous years\u2019 loss. Also, the information and performance from past films can roughly estimate how the company is doing in terms of revenue. DreamWorks\u2019 most recent film, \u201cNeed For Speed<\/a>\u201d <\/b>released in March 14, 2014 has successfully made profit overall. \u00a0To look at it closely, the domestic gross profit for \u201cNeed For Speed,\u201d which is roughly $42 million dollars did not even nearly meet its production budget of $66 million dollars. However, the film was a success internationally considering it made $143 million dollars. \u201cNeed For Speed\u201d was successful in making a total of $120 million dollars, and indeed, it was a much needed profit due to DreamWorks\u2019 failure to make profit with its past films.<\/p>\n
\"need-for-speed-trailer-starring-aaron-paul-looks-like-the-sixth-season-of-breaking-bad\"<\/a>
Aaron Paul pictured, Courtesy of Business Insider [g]<\/a><\/p><\/div>\n
There are several reasons for the success of \u201cNeed For Speed.\u201d First, it was originally a very popular game that debuted back in 1994, which could have drawn the video gamer audience. Also, the film starred Aaron Paul<\/a>, who plays Jesse Pinkman on Breaking Bad<\/a>. Breaking Bad\u00a0won 10 Primetime Emmy Awards and two Golden Globe Awards, and the show’s buzz has turned Jesse Pinkman into a household name. For these reasons, this enabled the film to draw in a wider audience.<\/p>\n
Need for Speed<\/i>\u00a0debuted in 1994, and over the course of the next two decades, the game would evolve under several studios such as Black Box <\/a>and Criterion Games<\/a>. The series has been a critical and commercial hit with gamers.\u00a0[3]<\/a>\u00a0[4]<\/a>\u00a0[5]<\/a>\u00a0[6]<\/a>
\n<\/a><\/p>\n
Right Here, Right Now<\/h1>\n
After researching and looking at the patterns, the DreamWorks Studio<\/a> has dramatically decreased the amount of movie being released since the year 2012. In fact, in 2012 and 2013, only two movies were released each year, and following its pattern, DreamWorks is planning on releasing only two movies in 2014 as well. [7]<\/a><\/p>\n
\"\"<\/a>
The Prey Poster,
Courtesy of IMDb [h]<\/a><\/p><\/div>On January 15th<\/sup>, 2014, after attaining the rights from Brio Films<\/a>, Studio Canal<\/a> and Cohen Media Group<\/a>, DreamWorks Studios plans to remake a French film called \u201cLa Proie<\/a>\u201d from 2011; the remake will be called \u201cThe Prey\u201d Originally directed by Eric Valette<\/a>,\u00a0La Proie<\/em>\u00a0has an attention grabbing plot which centers around a crook who needs to escape out of jail to save his family from his former cellmate and confidante who is a serial killer. With its remake, the film has an advantage of potentially attracting French people who has already seen the movie and want to watch an American remake version. In addition, the international gross profit could even exceed the domestic\u2019s. [8]<\/a><\/p>\n
 <\/p>\n
\"marc-platt-dreamworks\"<\/a>
Pictured Producer Marc Platt (“The Girl on the Train”)
Courtesy of Variety [i]<\/a><\/p><\/div>On March 24, 2014, DreamWorks Studios obtained the rights from Paula Hawkins<\/a>, the author of \u201cThe Girl on the Train\u201d for Marc Platt<\/a> to produce as a R-rated movie. The novel centers around a young woman who gets involved in a murder investigation as a witness.\u00a0From this news, DreamWorks Studios is on a path of producing mainly thrillers in its upcoming years. [9]<\/a><\/p>\n
\"\"<\/a>
“Eleanor & Park” Courtesy of p.gr-assets.com [j]<\/a><\/p><\/div>On April 2, 2014, DreamWorks Studios attained the rights from Rainbow Rowell<\/a> to make her novel, \u201cEleanor & Park,\u201d into a movie. The movie takes a place in year 1986 in high school in Omaha with two 16 year olds: Eleanor, an insecure girl, and Park, a half-Korean boy who attempt to find themselves. [10]<\/a><\/p>\n
\"\"<\/a>
“Made In Sweden” Courtesy of cdn-s3.thewrap.com [k]<\/a><\/p><\/div>On April 7, 2014, \u00a0DreamWorks Studios announced that Mark Sourian<\/a> will\u00a0produce a crime thriller from the Swedish novel called \u201cMade in Sweden\u201d by Anders Roslund<\/a> and Stefan Thunberg<\/a>. Along with the authors, Niclas Salomonsson<\/a> will executive produce.The novel is about a bank robbery from Sweden\u2019s history and a story about a band of brothers who were involved in it. The audience should be prepared for the upcoming works of DreamWorks Studios that are filled heavily with small budgeted chilling thriller movies.\u00a0[11]<\/a>\u00a0<\/strong><\/p>\n
Coming Up<\/h1>\n
\"bollywood-manish-dayal\"<\/a>
Manish Dayal Pictured, Courtesy of http:\/\/i1.cdnds.net\/ [l]<\/a><\/p><\/div>\n
DreamWorks<\/a>\u00a0will be releasing a new film on August 8th, 2014 called \u201cThe Hundred-Foot Journey<\/a>.\u201d Due to the fact that this movie is still in the early development stages, a trailer is not available yet. \u201cThe Hundred-Foot Journey\u201d centers around an Indian family who moves to France, and then opens up a restaurant across the street from a Michelin-starred French restaurant. Hassan Kadam, who is played by\u00a0Manish Dayal<\/a>,\u00a0is a phenomenal culinary cook and after being displaced from their native India, the Kadam family moves to a village of Saint-Antonin-Noble-Val located in the south of France. After opening up an Indian restaurant called the ‘Maison Mumbai,’ Madame Mallory, who is played by\u00a0Helen Mirren<\/a>, decides to protest against the new Indian restaurant. The rivalry between the restaurants come to an end as Madame Mallory admits and recognizes Hassan\u2019s gift as a chef and takes him under her wing.<\/p>\n
\"MV5BNzI1Mjg5MjAyNF5BMl5BanBnXkFtZTgwNjc2NDA0MDE@._V1_SY317_CR131,0,214,317_AL_\"<\/a>
Oprah (Left)
Helen Mirren (Right)
Courtesy of IMDb [m]<\/a><\/p><\/div>\n
DreamWorks\u00a0is focused on improving profits due to its loss from the past few years. The budget for their upcoming movie \u201cThe Hundred-Foot Journey\u201d\u00a0is approximately $25 million dollars. Of course, this budget is by no means small; however, as compared to DreamWorks\u2019 film previous budgets in the past, it is evident to acknowledge that DreamWorks is cutting budgets and focusing more on making a profit. Also, what is interesting about \u201cThe Hundred-Foot Journey\u201d is that Oprah Winfrey<\/a> is one of the producers. It is quite safe to conclude that having Oprah as a producer is one of the strategies that DreamWorks plans on employing in hopes of attracting wider audiences. Indeed, the \u201cOprah Effect.\u201d In hopes of making a profit with DreamWorks\u2019 new small budget strategy, this is a clever and strategic approach because Oprah can \u201csuddenly turn a small, unprofitable business into a multimillion-dollar company.\u201d In this case, hopefully these types of results are seen with this movie. [12]<\/a>\u00a0[13]<\/a><\/p>\n
Sources:<\/h1>\n
[1] DreamWorks Studios – History<\/a>, dreamworksstudios.com, RT: 4\/16\/14<\/p>\n
[2] DreamWorks Studios – FAQ<\/a>,\u00a0dreamworksstudios.com, RT: 4\/16\/14<\/p>\n
[3]\u00a03 Reasons \u2018Need for Speed\u2019 Could Be the Next \u2018Fast & Furious\u2019<\/a>, fool.com, Leo Sun, 2\/17\/14, RT: 4\/16\/14<\/p>\n
[4]\u00a0Aaron Paul Facts: 17 Things You (Probably) Don’t Know About the ‘Need for Speed’ Star<\/a>, news.moviefone.com, Jonny Black, 3\/14\/14, RT: 4\/16\/14<\/p>\n
[5]\u00a0EA and DreamWorks Lift the Curtain on Need for Speed the Movie<\/a>,\u00a0investor.ea.com,\u00a06\/10\/14, RT: 4\/16\/14<\/p>\n
[6] Box Office Mojo – Need For Speed<\/a>, boxofficemojo.com, RT: 4\/16\/14<\/p>\n
[7] Movie Insider – DreamWorks Studios<\/a>, movieinsider.com, RT: 4\/16\/14<\/p>\n
[8]\u00a0DreamWorks To Remake French Thriller \u2018The Prey\u2019<\/a>, dreamworksstudios.com,\u00a0Mike Fleming Jr., 1\/15\/14, RT: 4\/16\/14<\/p>\n
[9]\u00a0DreamWorks Acquires Novel \u2018The Girl on the Train\u2019 for Marc Platt<\/a>, dreamworksstudios.com, Justin Kroll, 3\/24\/14, RT: 4\/16\/14<\/p>\n
[10]\u00a0‘Eleanor & Park’: DreamWorks picks up film rights to Rainbow Rowell novel<\/a>,\u00a0dreamworksstudios.com,\u00a0Anthony Breznican, 4\/2\/14, RT: 4\/16\/14<\/p>\n
[11]\u00a0DreamWorks Studios Options Crime Thriller Book “Made in Sweden”<\/a>,\u00a0dreamworksstudios.com, 4\/7\/14, RT: 4\/16\/14<\/p>\n
[12]\u00a0DreamWorks Studios – The Hundred-Foot Journey<\/a>,\u00a0dreamworksstudios.com, RT: 4\/16\/14<\/p>\n
[13]\u00a0Investopedia – Oprah Effect<\/a>,\u00a0investopedia.com, RT: 4\/16\/14<\/p>\n
Multimedia Sources<\/h1>\n
[a] DreamWorks Studios Logo<\/a>,\u00a0wholemovieinfo.com, RT: 4\/16\/14<\/p>\n
[b]\u00a0Steven Spielberg Photo & Info<\/a>,\u00a0dreamworksstudios.com, RT: 4\/16\/14<\/p>\n
[c] Stacey Snider Photo & Info<\/a>,\u00a0dreamworksstudios.com, RT: 4\/16\/14<\/p>\n
[d] Jeff Small\u00a0Photo & Info<\/a>,\u00a0dreamworksstudios.com, RT: 4\/16\/14<\/p>\n
[e] Holly Bario Photo & Info<\/a>,\u00a0dreamworksstudios.com, RT: 4\/16\/14<\/p>\n
[f]\u00a0Need For Speed Poster – IMDb<\/a>, IMDb.com, RT: 4\/16\/14<\/p>\n
[g]\u00a0Photo of Aaron Paul<\/a>,\u00a0static4.businessinsider.com, RT: 4\/16\/14<\/p>\n
[h] The Prey Poster -IMDb<\/a>, IMDb.com, RT: 4\/16\/14<\/p>\n
[i] Photo of Marc Platt<\/a>, variety.com, RT: 4\/16\/14<\/p>\n
[j]\u00a0Photo of Eleanor and Park<\/a>,\u00a0p.gr-assets.com, RT: 4\/16\/14<\/p>\n
[k]\u00a0Photo of ‘Made in Sweden’<\/a>,\u00a0cdn-s3.thewrap.com, RT: 4\/16\/14<\/p>\n
[l]\u00a0Photo of Manish Dayal<\/a>,\u00a0cdnds.net, RT: 4\/16\/14<\/p>\n
[m]\u00a0Photo of Oprah and Helen<\/a>,\u00a0IMDb.com, RT: 4\/16\/14<\/p>\n","protected":false},"excerpt":{"rendered":"
By Kevin Sir DreamWorks Studios 100 Universal City Plaza Dr., Bldg. 5121 Universal City, CA 91608 P: (818) 733-9300 http:\/\/www.dreamworksstudios.com\/ Key Executives Company Overview In 2007, DreamWorks introduced Stacey Snider, who was a former Chairman of Universal Studios,\u00a0as the current … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":368,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[28,2340],"tags":[2738,1833,2757,2745,1909,721,2747,2748,2746,53,50,167,2736,2735,1256,2733,2742,2750,2751,2743,2762,1634,1664,1764,1633,52,2741,2763,2749,2734,2760,2761,2754,2740,2756,1832,2759,2737,1380,54,2752,2739,2755,2732,1550,121,889,1632,2758,51,1126,2753,1840,1243,2731,141,123,2744],"_links":{"self":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/17354"}],"collection":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/users\/368"}],"replies":[{"embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/comments?post=17354"}],"version-history":[{"count":33,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/17354\/revisions"}],"predecessor-version":[{"id":20018,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/posts\/17354\/revisions\/20018"}],"wp:attachment":[{"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/media?parent=17354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/categories?post=17354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bejone03.expressions.syr.edu\/trf235\/wp-json\/wp\/v2\/tags?post=17354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}