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DreamWorks Animation was cleared of class-action suit charges that it hid bad news and misled investors over prospects for its “Turbo” toon. A California federal judge dismissed the suit ...
That wouldn’t have been the case, however, had DreamWorks announced “Turbo’s” write-down within the usual time frame. DreamWorks’ most recent box-office bomb, “Mr. Peabody and Sherman ...
The latest film from DreamWorks Animation draws on several ... along with the rest of Starlight Plaza. “Turbo” exudes warmth, humor and ingenuity right from the beginning, when Turbo and ...
When “Turbo” grossed a middling $31 million during its opening weekend in July, it was immediately branded a misfire and had some analysts projecting DreamWorks Animation would lose money on ...
The judge points to a comment from DreamWorks CEO Jeffrey Katzenberg during a 2013 second-quarter earnings call. “Katzenberg did not simply say Turbo will be a profitable film, but instead said ...
Turbo, the DreamWorks-produced and David Soren-directed animated feature about the snail that could, opened in a disappointing third place in the U.S. with an esimated $21.5 million. The film is ...
By Georg Szalai Global Business Editor The stock of DreamWorks Animation was down ... debated the impact that the weak weekend opening of Turbo would have on the company’s financials.
And considering that one ended up ultimately resulting in $87 million in writedowns for DreamWorks in the following quarter, it was no surprise several analysts chimed in after Turbo hit the big ...
To be sure, if you thought the meager $29.2 million domestic opening weekend take achieved by Disney's The Lone Ranger was bad, DreamWorks' Turbo just limped through the finish line of its own dismal ...
Shares of DreamWorks Animation fell more than 7% Monday after analysts said the company could face a write-down after animated film “Turbo” had a disappointing opening weekend at the box office.
DreamWorks have signed up to make Turbo:F.A.S.T the first animated kids show to be broadcast only on Netflix. It is set to hit computer screens in December. “Netflix boasts one of the largest ...
After racing into theaters last July, Turbo is ready to headline DreamWorks’ first original series for Netflix, Turbo: F.A.S.T. Some might call it ironic that DreamWorks’ initial project for a ...
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