Turbo News

SEC Investigating DreamWorks Animation’s $13.5 Million ‘Turbo’ Writedown

variety.com – During its second quarter earnings call, DreamWorks Animation disclosed an ongoing investigation with the U.S. Securities and Exchange Commission regarding the $13.5 million writedown of film inventories the studio took on “Turbo” in February. The studio’s stock was down 7.3% in post-market trading after the studio disclosed its losses. Immediately after the SEC announcement, shares... 6 years 38 weeks ago via theothersenhman

'Turbo' Puts DreamWorks Animation Into Overdrive

variety.com – After stalling out at the box office this summer, DreamWorks Animation’s racing snail “Turbo” is getting a second chance at revving up a new franchise when “Turbo FAST” launches as the production company’s first original series for Netflix this Christmas. The launch is a key moment for DWA, which is looking to diversify beyond a... 7 years 18 weeks ago via jackiechan

Jeff Katzenberg: 'Turbo' Will Be Profitable

deadline.com – It’s a low bar. But the projection by the DreamWorks Animation CEO in a conference call with analysts should reassure investors who feared that the company would have to record an impairment charge for its summer release about a snail who dreams about becoming a speedster. The film, which cost about $127M to produce, has generated about $246.1M from worldwide box offices — far below early expectations. 7 years 24 weeks ago via theothersenhman

Weekend Box Office Report: 'The Wolverine' Slashes its Way to the Top

6:22 PM 7/28/2013 by Logan Falk

While its weekend gross fell pretty far short of its projected range, the latest Marvel film made a respectable amount of money over the weekend—certainly enough to place it well ahead of the other two new releases (this is hardly an accomplishment, however, as one is an indie film and the other opened in just enough theaters to qualify as a wide release).

'Turbo' Torpor Leaves Netflix Defending DreamWorks Animation Deals

variety.com – Netflix isn’t sweating the underwhelming performance from the latest offering at the box office by DreamWorks Animation, which struck a pair of deals with the streaming service beginning in 2011. While acknowledging that new animated movie “Turbo” opened a “little soft,” Netflix chief content officer Ted Sarandos stuck up for DWA. 7 years 39 weeks ago via theothersenhman

DreamWorks Animation Stock Declines as Analysts Debate Weak 'Turbo' Start

feedproxy.google.com – http://image.shutterstock.com/display_pic_with_logo/174175/174175,126288... 7 years 39 weeks ago via donnieyen

Weekend Box Office Report: 'The Conjuring' Summons Big Money

6:14 PM 7/21/2013 by Logan Falk

Most of this weekend’s films made a fair showing of themselves—some certainly more than others—but there was one new release that truly outdid itself, and soared to the top of the charts: The Conjuring.

Box Office Report: 'The Conjuring' Scares Up $41.5 Mil; 'R.I.P.D.' Bombs With $12.8 Mil

feedproxy.google.com – "Despicable Me 2" beats new animated entry "Turbo," which scores one of the lowest domestic openings for a DreamWorks Animation title; adult action pic "Red 2" is also soft, coming in No. 5 with $18.4 million. 7 years 39 weeks ago via jackiechan

Box Office Report: 'R.I.P.D.' Digs Early Grave; 'The Conjuring' Eyes Spectacular $38.2 Million Debut

feedproxy.google.com – Megahit "Despicable Me 2" makes life impossible for "Turbo"; "Red 2" won't open as high as the original 2010 film. 7 years 39 weeks ago via brucelee

Box Office Report: 'The Conjuring' Huge; 'R.I.P.D.' Bites the Dust

feedproxy.google.com – "Red 2" also enters the fray, while "Despicable Me 2" makes life impossible for new animated entry "Turbo." 7 years 39 weeks ago via jetli

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Turbo

Turbo tells the story of an ordinary garden snail with an impossible dream: to become the fastest snail in the world. When a freak accident gives him extraordinary speed, Turbo sets out to try to make this dream come true.

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