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SEC Hits DreamWorks With Turbo Investigation

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In more financial news, DreamWorks Animation is being investigated by the Securities and Exchange Commission [SEC] after disclosing that they took a $13.5 million hit on last year’s “Turbo” feature film. “Turbo” had a disclosed budget of $135 million but only took in $83 million domestically at the box office. “Turbo” performed much better in […]

DreamWorks Animation Reports Q4 $17.2M Profit, Records $13.5M Charge Due to "Turbo"

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DreamWorks Animation SKG, Inc. reported fourth quarter 2014 earnings of $17.2 million on revenue of $204.3 million. Accounted for in the revenue was a $13.5 million charge from the effects of the disappointing box office performance of Turbo, whose $282.6 million worldwide ticket sales were well below a typical DreamWorks animated feature film. DreamWorks also […]

"Despicable Me 2" Beats Out "Turbo" at Box Office Races

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Universal/Illumination Entertainment’s Despicable Me 2 took in an estimated $25.06 million at the box office in its third week of release, bringing its domestic total to $276.16 million and placing it just behind the #1 box office draw for the weekend (Warner Bros. The Conjuring, which took in an estimated $41.53 million). However, Despicable Me […]

NY Times on DreamWorks Animation's Chief Creative Officer Bill Damaschke

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The New York Times has profiled Bill Damaschke, the chief creative officer of DreamWorks Animation SKG, and his increasingly important role in the studio’s films, including the upcoming Turbo.  Among other topics, the article discusses the many initiatives that are causing DreamWorks’ CEO Jeffrey Katzenberg to spend less time in creative decision-making on the features, […]

DreamWorks Animation and Netflix Sign Original Content Deal

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DreamWorks Animation SKG, Inc. has signed a multi-year deal with Netflix to provide 300 hours of original programming, with the first new shows set to premiere some time next year (one of which, Turbo F.A.S.T. based on the unreleased film Turbo, was announced in February this year). The new programming will be “inspired” by DreamWorks […]

New Official Trailer For DreamWorks' "Turbo"

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A new theatrical trailer has been created for DreamWorks Animation’s upcoming comedy Turbo, which will be released in U.S. theaters on July 19th, 2013. Conceived and directed by David Soren, Turbo tells the story of a garden snail that adores IndyCar racing and gets a chance to fulfill his dreams of becoming a great racer […]

DreamWorks Animation and Netflix Team for "Turbo: F.A.S.T." Original Animated Series

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DreamWorks Animation SKG and Netflix have announced a partnership to develop an original children’s animated series based on the upcoming movie Turbo, about a snail who dreams of becoming the fastest snail in the world. Titled Turbo: F.A.S.T., the series will pick up where the movie leaves off and will mark Netflix’s first children’s series […]

DreamWorks Animation Unveils 12-Picture Slate to Run Through 2016; Fox Gives Dates for "Epic" and "Rio 2"

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DreamWorks Animation, SKG, Inc. has announced an ambitious 12-film slate, scheduling the dozen films for release through 2016. The films include a number of sequels and new projects: The Croods (March 22, 2013) Turbo (July 19, 2013) Mr. Peabody & Sherman (Nov. 1, 2013) Me and My Shadow (March 14, 2014) How to Train Your Dragon 2 (June 20, 2014) […]

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