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>> DREAMWORKS ANIMATION Latest News

JUL 29, 2014 - Variety

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SEC Investigating DreamWorks Animation’s $13.5 Million ‘Turbo’ Writedown

During its second quarter earnings call, DreamWorks Animation disclosed an ongoing investigation with the U.S. Securities and Exchange Commission regarding the $13.5 million writedown of film inventories the studio took on “Turbo” in February. The studio’s stock was down 7.3% in post-market trading after the studio disclosed its losses. Immediately after the SEC announcement, shares... Read more »

Tags: SEC Investigating DreamWorks Animation’s $13.5 Million ‘Turbo’ Writedown,  Dreamworks Animation Latest News