DreamWorks Animation Retains Chuck Viane as Global Distribution Consultant

DreamWorks Animation Retains Chuck Viane as Global Distribution Consultant

GLENDALE, Calif., Oct. 25, 2011 /PRNewswire/ -- DreamWorks Animation SKG, Inc. (Nasdaq: DWA) today announced the retention of Chuck Viane as a distribution consultant to the Company. Viane will be working with DreamWorks Animation executives on a consultancy basis, effective immediately. He has a wealth of experience from 25 years in the industry and will provide counsel on the implementation of the studio's future distribution plans.

"In addition to being a truly great guy, Chuck is one of the smartest, most experienced and respected leaders in the industry and I don't know of anyone with a deeper understanding of the movie landscape, its trends and its future," said DreamWorks Animation Chief Executive Officer Jeffrey Katzenberg. "At this strategic moment in time for DreamWorks Animation, I am confident that he will serve as an invaluable resource."

"I've known Jeffrey Katzenberg for 26 years and he was a close colleague of mine during our time together at Disney," said Viane. "Under his leadership, I believe that DreamWorks Animation has truly become a studio for the 21st Century and I look forward to helping shape their future distribution strategy."

Viane previously served as President of Global Distribution for Walt Disney Studios Motion Pictures. Prior to Viane's distinguished 25-year career with Disney, from which he retired early this year, he served as Vice President and Head Buyer for General Cinema Theater Corp.

About DreamWorks Animation SKG

DreamWorks Animation creates high-quality entertainment, including CG animated feature films, television specials and series, live entertainment properties and online virtual worlds, meant for audiences around the world. The Company has world-class creative talent, a strong and experienced management team and advanced filmmaking technology and techniques. DreamWorks Animation has been named one of the "100 Best Companies to Work For" by FORTUNE® Magazine for three consecutive years. In 2011, DreamWorks Animation ranks #10 on the list. All of DreamWorks Animation's feature films are now being produced in 3D. The Company has theatrically released a total of 22 animated feature films, including the franchise properties of Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon.

Caution Concerning Forward-Looking Statements

This document includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company's plans, prospects, strategies, proposals and our beliefs and expectations concerning performance of our current and future releases and anticipated talent, directors and storyline for our upcoming films and other projects, constitute forward-looking statements. These statements are based on current expectations, estimates, forecasts and projections about the industry in which we operate and management's beliefs and assumptions. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive, technological and/or regulatory factors, and other risks and uncertainties affecting the operation of the business of DreamWorks Animation SKG, Inc. These risks and uncertainties include: audience acceptance of our film and other projects, our dependence on the success of a limited number of releases each year, the increasing cost of producing and marketing feature films, piracy of motion pictures, resource constraints resulting from our expanding number of films and other projects, the effect of rapid technological change or alternative forms of entertainment and our need to protect our proprietary technology and enhance or develop new technology. In addition, due to the uncertainties and risks involved in the development and production of our projects, the release dates described in this document may be delayed. For a further list and description of such risks and uncertainties, see the reports filed by us with the Securities and Exchange Commission, including our most recent annual report on Form 10-K and our most recent quarterly reports on Form 10-Q. DreamWorks Animation is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, changes in assumptions or otherwise.

SOURCE DreamWorks Animation SKG, Inc.

DreamWorks Animation SKG, Inc.

CONTACT: Shannon Olivas, Corporate Communications, +1-818-695-3658, Shannon.Olivas@dreamworks.com

Web Site: http://www.dreamworksanimation.com

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