The animation division was spun off into a publicly traded company named DreamWorks Animation SKG, Inc. (doing business as DreamWorks Animation LLC) on October 27, 2004, and traded via the New York Stock Exchange. Katzenberg headed the new division, while Spielberg and Geffen remained on board as investors and consultants. DWA also inherited interests in PDI/DreamWorks. They made an agreement with their former parent to distribute all of their films until they delivered twelve new films, or December 12, 2010, whichever came last.