Although he served in a leadership role at DreamWorks, Waronker continued to work closely with artists including Rufus Wainwright, the first artist he signed to DreamWorks, the Eels, Elliott Smith, and Newman, who he brought to the label in 1998. With artists such as Nelly Furtado, Morphine, and Propellerheads, DreamWorks embraced the same artistry-first principles that Warner Bros. had become known for, and by 2003, despite the vast changes in the landscape of the music industry, DreamWorks had flourished, with 59 gold, platinum and multiplatinum sales certifications and 26 Grammy award-winning releases. The label was purchased by Universal Music Group for $100 million, and was subsequently folded into Geffen Records. Waronker left DreamWorks several years later.