The Collaborative International Dictionary of English v.0.48:

Dramatize \Dram"a*tize\, v. t. [imp. & p. p. Dramatized; p.
   pr. & vb. n. Dramatizing.] [Cf. F. dramatiser.]
   To compose in the form of the drama; to represent in a drama;
   to adapt to dramatic representation; as, to dramatize a
   novel, or an historical episode.
   [1913 Webster]

         They dramatized tyranny for public execration.
                                                  --Motley.
   [1913 Webster]

WordNet (r) 3.0 (2006):

dramatize
    v 1: put into dramatic form; "adopt a book for a screenplay"
         [syn: dramatize, dramatise, adopt]
    2: represent something in a dramatic manner; "These events
       dramatize the lack of social responsibility among today's
       youth" [syn: dramatize, dramatise]
    3: add details to [syn: embroider, pad, lard, embellish,
       aggrandize, aggrandise, blow up, dramatize,
       dramatise]

Moby Thesaurus II by Grady Ward, 1.0:

99 Moby Thesaurus words for "dramatize":
   act a part, affect, assume, be a gas, be a hit, betoken, bill,
   bomb, brandish, breathe, bring forth, bring forward,
   bring into view, bring out, bring to notice, counterfeit, dangle,
   demonstrate, develop, disclose, display, divulge, do a bit, embody,
   enact, evidence, evince, exaggerate, exhibit, expose to view,
   express, fail, fake, feature, feign, flaunt, flop, flourish,
   give sign, give token, headline, highlight, histrionize,
   illuminate, incarnate, indicate, make a hit, make clear,
   make out like, make plain, manifest, materialize, mean,
   melodramatize, mount, open, open a show, overact, overdo, overplay,
   overstate, parade, perform, pile it on, play, play a part,
   play a scene, play up, playact, premiere, present, pretend,
   preview, produce, put on, put on airs, represent, reveal, roll out,
   scenarize, set forth, set the stage, sham, show, show forth,
   simulate, splash, spotlight, stage, star, succeed, theatricalize,
   token, trot out, try out, tug the heartstrings, unfold, wave,
   wear