Viacom shares are up in pre market trading after it reported June quarter financials that exceeded the expectations that it lowered after Teenage Mutant Ninja Turtles: Out Of The Shadows plodded out of the gate.

The entertainment company just reported that it generated net income of $432 million, down 26.9% vs. the sam…

UPDATE, WRITETHRU TUESDAY: Studio actuals are in for all Warner Bros films, and also for Disney, while we have estimates still on what was a hodgepodge of titles offshore this weekend. There were no major wide releases in the session, although staggered rollouts began on Warner Bros/Village Roadshow's The Legend Of Tar…

Viacom shares are down more than 1.8% in pre-market trading this morning after it told Wall Street that disappointing box office sales for Teenage Mutant Ninja Turtles: Out of the Shadows and a delay in closing “a significant SVOD agreement” will hurt its financial results for the quarter ending this month.

It expects…

UPDATE, WRITETHRU, Monday, 4:47 PM: The full five-day China frame on Legendary/Universal’s Warcraft has come in at $156M (1.027B rmb). That sets a new Middle Kingdom opening weekend milestone, topping Avengers: Age Of Ultron and its 996M rmb start last year. Warcraft also set a speed record to 1B rmb — by a matter of…

UPDATE, WRITETHRU Final Monday, 2:30 PM: There was a hodgepodge of action movies at the international box office this weekend as debut films muscled in and holdovers found new rewards to reap. In the latter category, it’s Fox’s X-Men: Apocalypse which is No. 1 overseas for the frame coming off a muscular $59.5M start…

5TH UPDATE, Sunday AM: Teenage Mutant Ninja Turtles: Out Of The Shadows saw a 4% uptick over Friday in its Saturday grosses with $12.9M, sending its Paramount-reported opening to $35.3 million. Most of the industry sees it in this range as well. The sequel’s worldwide debut is $69.3M after a 40-market launch.

Armed wit…

UPDATE, WRITETHRU: Legendary and Universal Pictures' Warcraft expanded to eight more markets this frame, after debuting with $31.8M in 20 last weekend which included key plays like Russia and Germany. The sophomore session brings the total markets in release to 28 with an estimated $29M to be added through Sunday…

Sequelitis will continue to grip summer in the wake of a Memorial Day ennui that served up 20th Century Fox’s underperformer X-Men: Apocalypse and Disney’s disastrous Alice Through the Looking Glass. Overall, the average opening for a wide release sequel this year is -19% from its previous installment, so don’t expect…

Movie Media Group, a subsidiary of Wanda Cinema Line, said today in China that it has come aboard Paramount’s Teenage Mutant Ninja Turtles: Out Of The Shadows to co-finance what is one of Hollywood’s summer tentpoles. The film, which bows June 3, marks the first time the Wanda unit has invested in a Hollywood movie…

China’s Alibaba Pictures is reteaming with Paramount via investments in two of the studio’s summer tentpole films — Teenage Mutant Ninja Turtles: Out Of The Shadows and Star Trek Beyond. The deal marks the second such with Paramount, following the companies’ partnership on last year’s Mission: Impossible – Rogue Nation…

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Fred Armisen will attempt to kill the Teenage Mutant Ninja Turtles. That’s the big news today out of the Teenage Mutant Ninja Turtles: Out of the Shadows Wondercon panel, where producers Andrew Form and Brad Fuller announced that Armisen is voicing longstanding TMNT supervillain Krang in the sequel to the 2014…