What if Paramount Global kept the ownership of DreamWorks?

DreamWorks Pictures and DreamWorks Animation were owned by numerous companies, but the one in the best hands was Viacom. So, what if Viacom kept the rights to DreamWorks?

Changes

 * DreamWorks Animation would be acquired by Viacom on May TBDth, 2012 and remerged into DreamWorks Pictures with Steven Spielberg heading the live-action department and Jeffrey Katzenberg heading the animation department, being a division of Paramount Pictures.
 * The DreamWorks Animation logo would eventually be adopted for live-action features as well, being now known as DreamWorks SKG for both live-action and animation features and adopting the Viacom byline.
 * Movies like Home, Trolls and The Boss Baby will be replaced with other movies.
 * They are instead produced by Illumination.
 * Its animated television series would remain co-produced with Nickelodeon Animation Studios while its live-action shows would be co-produced with Paramount Television Studios.
 * Starting with Guardian Angel 2, DreamWorks introduced a new logo formed by clouds as they start morphing from 2D into 3D while changing from daytime into nighttime as the new DreamWorks logo forms up, followed by the "A Viacom Company" byline.
 * Following the remerger with CBS, the byline now reads "A ViacomCBS Company", and after it's rename as Paramount Global, it would change as "A Paramount Company)


 * UglyDolls would have been done by DreamWorks and would be more successful, spawning a sequel.
 * Nickelodeon All Star Brawl would have various differences: Hipo, Shrek, the penguins of Madagascar and Po would appear as characters, along with their respective scenarios.
 * The Mr. Magoo reboot would have DreamWorks's participation, and it would be launched on Nickelodeon and Nicktoons.
 * Most of DreamWorks content would get onto both Paramount+ and Netflix.


 * DreamWorks would be Paramount's titular animation studio, and Paramount Animation would be just for Paramount Pictures, while DreamWorks would be for Paramount Global.


 * Puss in Boots: The Last Wish would have been released in 2020.
 * Most of Paramount Animation movies would also have DreamWorks participation.

Live-action

 * People Like Us (2012)
 * Lincoln (2012)
 * The Fifth Estate (2013)
 * Delivery Man (2013)
 * Need for Speed (2014)
 * The Hundred-Foot Journey (2015)
 * Bridge of Spies (2015)
 * The BFG (2016)
 * The Light Between Oceans (2016)
 * The Girl on the Train (2016)
 * Office Christmas Party (2016)
 * Ghost in the Shell (2017)
 * Thank You for Your Service (2017)
 * The Post (2017)
 * 7 Days in Entebbe (2018)
 * First Man (2018)
 * Green Book (2018)
 * Welcome to Marwen (2018)
 * On the Basis of Sex (2018)
 * Captive State (2019)
 * 1917 (2019)
 * The Turning (2020)
 * The Trial of the Chicago 7 (2020)

Animated

 * Madagascar 3: Europe's Most Wanted (2012, first film under Viacom's ownership)
 * Rise of the Guardians (2012)
 * The Croods (2013)
 * Turbo (2013)
 * Mr. Peabody & Sherman (2014)
 * How to Train Your Dragon 2 (2014)
 * Penguins of Madagascar (2014)
 * /Rise of the Guardians 2/ (2015)
 * /Monster Lake/ (2015)
 * The SpongeBob Movie: Sponge Out of Water (2015)
 * Kung Fu Panda 3 (2016)
 * /Guardian Angel/ (2016)
 * /Megamind Returns/ (2017)
 * Captain Underpants: The First Epic Movie (2017)
 * /Guardian Angel 2/ (2018)
 * /Larrikins/ (2018)
 * Tad the Lost Explorer and the Secret of King Midas (2018)
 * How to Train Your Dragon: The Hidden World (2019)
 * Abominable (2019)
 * UglyDolls (2019)
 * The Croods 2 (2020)
 * The SpongeBob Movie: Sponge on the Run (2020)
 * Puss in Boots: The Last Wish (2020)
 * /Spooky Jack/ (2021)
 * Paw Patrol: The Movie (2021)
 * Spirit Untamed (2021)
 * The Bad Guys (2022)
 * Tad, the Lost Explorer and the Emerald Tablet (2022)
 * Meet the Gillmans (2023)
 * PAW Patrol: The Mighty Movie (2023)
 * More UglyDolls (2024)
 * The SpongeBob Movie: The Search for SquarePants (2024)
 * Shrek the Fifth (2025)

Live-action

 * Falling Skies (, 2011-2015)
 * Smash (CBS, 2012-2013)
 * The Americans (, 2013-present)
 * Minority Report (Fox, 2015)

Animated

 * The Penguins of Madagascar (Nickelodeon, 2008-2015)
 * Kung Fu Panda: Legends of Awesomeness (Nickelodeon, 2011-2016)
 * DreamWorks Dragons (Nickelodeon, 2012-2018)
 * Monsters vs. Aliens (Nickelodeon, 2013-2014)
 * Turbo Fast (Nickelodeon, 2013-2016)
 * VeggieTales in the House (Nick Jr., 2014-2016)
 * All Hail King Julien (Netflix, 2014-2017)
 * The Adventures of Puss in Boots (Nickelodeon, 2015-2018)
 * Dinotrux (Netflix, 2015-2018)
 * The Mr. Peabody & Sherman Show (Nickelodeon, 2015-2017)
 * Dawn of the Croods (Nickelodeon, 2015-2017)
 * Noddy, Toyland Detective (Nick Jr., 2016-present)
 * Voltron: Legendary Defender (Netflix, 2015-2018)
 * /Biblical Tales/ (Nickelodeon, 2016-present)
 * Trollhunters: Tales of Arcadia (Netflix, 2016-2018)
 * VeggieTales in the City (Nick Jr., 2017)
 * Spirit Riding Free (Nickelodeon, 2017-present)
 * /Myths of the Guardians/ (Nickelodeon, 2018-present)
 * /Heroes of El Dorado/ (Nickelodeon, 2018-present)
 * The Adventures of Rocky and Bullwinkle (Nickelodeon, 2018-2019)
 * Harvey Street Kids (Nickelodeon, 2018-2020)
 * The Epic Tales of Captain Underpants (Nickelodeon, 2018-present)
 * She-Ra and the Princesses of Power (Netflix, 2018-present)
 * Kung Fu Panda: The Paws of Destiny (Nickelodeon, 2018-present)
 * 3Below: Tales of Arcadia (Netflix, 2018-2019)
 * Mr. Magoo (Nickelodeon, 2018-)
 * Where's Waldo? (Nick Jr., 2019-present)
 * Archibald's Next Big Thing (Netflix, 2019-present)
 * DreamWorks Dragons: Rescue Riders (Nick Jr., 2019-present)
 * Cleopatra in Space (Nickelodeon, 2019-present)
 * /Mission Impossible: Spy Academy/ (, 2019-present)
 * Kipo and the Age of Wonderbeasts (Paramount+, 2020-present)