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'Mr. Peabody & Sherman' Push DreamWorks Into Loss

By DMO Affiliate
DreamWorks reported a first-quarter loss, compared with a year-earlier profit, as the company took an impairment charge related to the weak box office performance of the movie "Mr. Peabody & Sherman". Shares of the Hollywood studio fell 6 percent to $24.76 in extended trading on Tuesday. The company took a charge of $57 million due to the tepid performance of the animated a time-travel comedy about a talking genius dog and the boy he adopts.
'Mr. Peabody & Sherman' Push DreamWorks Into Loss

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Related Keywords:Mr. Peabody, DreamWorks Animation SKG Inc, Mr. Peabody & Sherman, Jeffrey Katzenberg, Mel Brooks, Leslie Mann, Major film studio, Paramount Pictures

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