DreamWorks Studios also known as DreamWorks, LLC, DreamWorks SKG, DreamWorks Pictures, or simply DreamWorks, is a California film studio which develops, produces, and distributes films, video games and television programming. It has produced or distributed more than ten films with box-office grosses totaling more than $100 million each. Most of DreamWorks' films are marketed and distributed by The Walt Disney Studios under its Touchstone Pictures label. DreamWorks began in 1994 as an attempt by media moguls Steven Spielberg, Jeffrey Katzenberg and David Geffen to create a new Hollywood studio of which they owned 72%. In December 2005, the founders agreed to sell the studio to Viacom, parent of Paramount Pictures. The sale was completed in February 2006. In 2008, DreamWorks announced its intention to end its partnership with Paramount and signed a $1.5 billion deal to produce films with India's Reliance ADA Group. Reliance provided $325M of equity to fund recreating DreamWorks studio as an independent entity. Clark Hallren, former Managing Director of the Entertainment Industries group of J.P. Morgan Securities and Alan J. Levine of J.P. Morgan Entertainment Advisors led the Reliance team in structuring the capital and business plan for the company.