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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 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 ...
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 ...
Fox‘s second DreamWorks Animation release, “Turbo,” which is slated to bow July 17, appears to be less turbo-charged and moving more at a snail’s pace, according to a Wall Street analyst ...
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 ...
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 ...
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.
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 ...
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