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DreamWorks Animation SKG Inc. Message Board

  • pdx121212 pdx121212 Aug 7, 2013 12:36 PM Flag

    if rise of the guardians resulted in an $87 million writedown what will Turbo be

    $125 million

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    • Turbo may do better than guardians but I expect q3 to be a loss but q4 will probably put dwa in bankruptcy because the have little or no cash flow. 200 mi in debt, losing as much as 87 mil in a single quarter from bad movies, and even w the best movie like croods, they only profited 23 mil. They will easily burn the 28 mil cash by next quarter and by Q4 file for bk.
      selling junk bonds to pay off 200 mil of debt. Why has this company been climbing? It doesn't make any sense, BS only lasts for do long. B

      • 1 Reply to kevinvests
      • As Katzenberg said on the conference call, many more international territories have not be released yet. We will see what happens in a few months. Of course, Turbo has to make 130mm to tie Guardian's international and still has to make 28 mm to tie Guardian's 103 mm domestic. I don't see more than 3 or 4 mm more domestic for Turbo. That means Turbo has to make 130 plus 24 mm to equal Guardian's world wide take. A challenge.

    • By their numbers, 35% of gross, and budget of 127M,
      it will break even at 365M gross WW. doesn't look like it.
      Didn't they say something about releasing KFP3, done
      in China, in December ?

 
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