This translates into going from 3 movie releases to 2 in 2013. So you can likely cut revenue estimates by 25-30%. Add to this the expected write down of 40-50 million on Rise of the Guardians and it is no wonder Piper downgraded DWA today.
The problem with Peabody and Sherman no one outside the USA will get/relate to this movie and if it cost as much as Rise of the Guardians this will be another financial disaster. No market in the Far East for this movie. Questionable audience in West Europe.
WHAT ARE THESE PEOPLE THINKING??????????
Makes me wonder about the shift. Was it the redo of Me & shadow that gave reason
for P&S moving to March with the excuse of success in March for Fox? Or the new dislike
for Nov. releases?
Anyway, if they fix Me & shadow for 2014.. that's 4 for 2014 !!
But we've been dissapointed alot lately. Irrational marketing?