 DreamWorks SKG Television was formed in December 1994 as DreamWorks Studios agreed to a $200 million seven-year TV production joint venture with the Capital Cities/ABC.The company was set up to produce series for broadcast networks, cable channels and first run syndication with no first look for the ABC Network, but financial incentives favored ABC.The first show, "Champs", was scheduled as a mid-season replacement for the ABC network.