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Dreamworks showed off its latest film this week, The Wild Robot, which comes from the director of Lilo & Stitch and How To Train Your Dragon. It's been a long while since we had a film about a ...
The new series will be based on the upcoming DreamWorks Animation movie Turbo, which is set to be released in movie theaters this summer. The Netflix series will be called Turbo: F.A.S.T. (Fast ...
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 ...
Comcast is about to get more animated. The company's NBCUniversal division is acquiring the DreamWorks Animation studio for about $3.8 billion. On Thursday, Comcast (CMCSA) said shareholders in ...
NEW YORK--(BUSINESS WIRE)--NBCUniversal, a division of Comcast Corporation (NASDAQ: CMCSA), today announced the acquisition of DreamWorks Animation (NASDAQ: DWA). One of the world's most admired ...
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 ...
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 ...
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 ...
UPDATE: DreamWorks Animation just disclosed the SEC investigation in its conference call with analysts and says it’s cooperating. The company took a $13.5M writedown on Turbo in February.
"Turbo" may have slowed down DreamWorks Animation (DWA) in its fourth quarter, but CEO Jeffrey Katzenberg is still optimistic that the film will ultimately bring profits to the studio. The studio ...
(Reuters) - DreamWorks Animation SKG Inc's fourth-quarter revenue fell a steeper-than-expected 23 percent due to the continued poor performance of "Turbo" and the lack of a major movie released in ...