Dreamworks In Financial Trouble Due To "Mr. Peabody & Sherman" Losses

DreamWorks’ Mr. Peabody & Sherman was widely known as one of the biggest flops of the first quarter this year, but Dreamworks took an even bigger hit than it was originally reported. According to Reuters, DreamWorks Animation SKG Inc reported a first-quarter loss, compared with a year-earlier profit. The poor numbers were apparently due to the low profits from Dreamworks animations’ biggest production this year, Mr. Peabody & Sherman.