Latest in Mr. Peabody and Sherman

The DreamWorks Animation chief sounded like he’d prefer to have a root canal than talk to analysts about how his studio hopes to avoid another failure like Mr. Peabody & Sherman — which just resulted in a $57M write-down for Q1.  Three of the studio’s past four films failed to deliver, Jeffrey Katzenberg noted, which…

DreamWorks Animation shares are down 5.2% in postmarket trading following the announcement in its Q1 earnings. The write-down “is evidence of the current challenges we face within our feature film segment, and restoring the strength in our core business is my number one priority today,” CEO Jeffrey Katzenberg says. He…

That’s up just 2 cents vs the same period in 2013, and down from $8.35 in Q4 according to domestic numbers out this morning from the National Association of Theater Owners. The drop from the end of the year mostly reflects the fact that theaters in Q1 were filled with kids’ films including Frozen, Mr. Peabody And Sherm…

OPENING: Divergent (LGF/SUMMIT) was expected at $53M to $55M+ and rose to $56M+ for the weekend, ended at $54.6; Muppets Most Wanted (DIS) was tracking at $28M, then opened and was thought to be $18 to $19M, then ended at $17M; God’s Not Dead (FREESTYLE RELEASING) surprised everyone to take the No. 5 spot and a wicked…

OPENING: Need For Speed (DIS) no gas for the DreamWorks pic at $18M to $19M+, then $18M and now at $17.8M; Tyler Perry’s The Single Moms Club (LGF) is one of the worst openings for him to date with about $9.1M to $9.4M, now at $8M; Veronica Mars (WB) strong per-screen to take more than $2M+ for the weekend and did…

Catch up on the top film stories you missed this week: A Journalist's Plea On 10th Anniversary Of 'The Passion Of The Christ': Hollywood, Take Mel Gibson Off Your Blacklist By Allison Hope Weiner – It has been a decade since Mel Gibson made The Passion Of The Christ and watched it become the biggest-grossing…

6th UPDATE, MONDAY 9:09 PM PT: Updated numbers for Best Picture Oscar winner 12 Years a Slave and Pompeii have been added below. 12 Years a Slave‘s cume internationally is now $104.5M and its worldwide total stands at $157.6M. 5TH UPDATE, MONDAY 12:20 PM PT: Warner Bros and Legendary Pictures’ 300: Rise Of An Empire…

OPENING: 300: Rise of An Empire (WB) commands $43M to $45M and ended on the high end; Mr. Peabody And Sherman (FOX) $29M to $31M and made $32.5M; Son of God (FOX) dropped 61% in its second weekend. NOTEWORTHY:  Best Picture winner 12 Years A Slave (FOX) re-upped to 1,065 screens and breaks back into the top ten. The Gr…

UPDATE, Friday 4:15: Around the world, Warner Bros and Legendary Pictures‘ 300: Rise Of An Empire is grossing huge numbers. In 32 markets, it has taken in a hefty $12.1M over two days in international release, with $9.5M coming from Thursday alone. The film, playing on 1,083 screens, is roughly 20% ahead of the…

Another huge box office is on the way this weekend as tracking for Warner Bros’ 300: Rise Of An Empire (from Legendary Pictures) could be $40M-$45M, with Fox’s Mr. Peabody And Sherman roughly around $30M-$35M. But the story of this week is Divergent, which looks to be a whopper of a box office hit two and a half weeks…

Investors are casting a jaundiced eye on last night’s news about DreamWorks Animation’s delayed release of Mr. Peabody and Sherman (to Spring 2014 from 2013), and the removal of Me & My Shadow from the 2014 list. The stock is down 3.8% in mid-afternoon trading to $16.76, and has sold today for as little $16.26. Piper…

UPDATE, 11:16 AM: “Sizable” layoffs are coming. It’s just a matter of how many, and when. DreamWorks Animation may cut up to 500 employees in the next few months, sources tell Deadline. That’s potentially 23% of its 2200-strong animators, tech, and support staff, axed in the wake of a flop and key release date changes…