DreamWorks Animation shares are down 2.2% in mid-day trading today after Janney Capital Markets’ Tony Wible reports that indicators he tracks tell conflicting stories about the likely performance of The Croods, out this Friday. The analyst predicts the film will generate $45M this weekend, below analysts’ consensus of about $50M. And his forecast “could be at risk,” he says, because the film “is tracking 19% below [DreamWorks Animation's] average levels.” Wall Streeters are hungry for Croods data: They believe the film will indicate whether the studio just had a garden variety disappointment with Rise Of The Guardians, which resulted in an $87M writedown, or whether it faces a far more serious problem of what some call “franchise fatigue.” Wible says he sees no conclusive pattern across social media and other early indicators. But he adds that, even if the opening is softer than expected, the results could improve. There could be a pick up in the second week if the reviews are strong ahead of the holiday week before Easter. And the studio’s new distributor, News Corp, “may do a much better job than Paramount” overseas. What accounts for his reluctance to predict that Croods will be an unqualified hit? Wible notes that DVR data show a sharp increase in fast-forwarding through the movie’s ads; the rate was 16% higher than Madagascar 3 at a comparable period. The number of Twitter tweets for Croods has been below traffic last year that preceded Fox’s Ice Age: Continental Drift and Universal’s Dr. Seuss’ The Lorax, but is way ahead of Guardians and Mad 3. And theater owners say that early ticket sales are “not noteworthy,” although that may reflect DreamWorks Animation’s plan to keep some of its promotional gunpowder dry until competition from Disney’s Oz: The Great And Powerful fades.

I wonder if Dreamworks Animation hasn’t ‘poisoned the well.’
It’s a totally enjoyable movie for the whole family – I think it will have a HOW TO TRAIN YOUR DRAGON trajectory, where it might not open huge, but it will hold for a long time as word of how good it is gets around.
I think it looks awful…..as do my kids. How to Train Your Dragon was excellent, this one is garnering far less interest.
After watching the trailer, both my kids said, “It looks stupid”.
My kids said the same thing….35 to 40M is my prediction. And a big dropoff second weekend.
Saw it in a preview screening and thought it was just ok. It had its moments but a potentially interesting concept was surprisngly downplayed and the story is the same road trip plot like Ice Age, and the daddy/daughter issue is getting old. The animation is beautiful to look at but the characters are one note. Guy in particular seems like he has an interesting background but it goes undeveloped as well. Also, the film couldn’t decide whether it’s a comedy or a heartwarming drama with subtle humor like How to Train Your Dragon. I really wanted to love this movie but in the end, it falls flat for me. Kids will love it but for myself, it’s just okay.
+3, Chris. I sat there wishing all the great animation had an actual story to go with it. Instead it’s a 90 minute jump’n'run video game you can’t actually play. As for the film needing time to catch on, what does that mean? “You saw it? Like it? Not really? Okay, go and see it again. Then keep on seeing it till you like it”?
Still counting on “Dragon 2″ to have the magic touch.
DreamWorks has a very MAJOR problem: BAD writing. It’s mostly lame. Formulaic. You watch most of their recent movies and think: “Oh man, I’ve seen THAT character before.” “Jeeze, seen THAT plot point before.” If they will only fire the regulars and start hiring fresh talent with fresh ideas . . .
But until Jeffrey gets pulls his head out of the sand and starts really, really, Really seeing why Pixar’s movies succeed while his rule the ‘Kingdom of the Bland’, he’s just running his company right into the ground and a chapter 11.
One of the weakest kids cartoons I’ve had to sit through of late. The technical aspects are of a certain quality, but it’s the weak characters, predictable story, and weak direction and script that weigh it down. The film’s attempt to compensate with never ending camera work and loud sound is consistently obnoxious and overbearing. And the designs of the film are uninspired and unappealing. Parents looking to drop the kids off could do far worse, to be sure. But I’ll be surprised if it’s not another writie-off for DW animation.
“But I’ll be surprised if it’s not another writie-off for DW animation”.
That’s pretty selfish thinking if you ask me.
Besides I can’t believe that Rise of Guardians was that MUCH of a loss for dreamworks. It made back more twice it’s budget worldwide. Maybe dreamworks just assumed it lost that much.
Problem is, Guardians did not make it’s money back. It will in years to come, potentially. But the prospects aren’t looking that good. A film of that cost has to make no less than 3 times it’s money back, INCLUDING PRINTS AND ADVERTISING, to be in the black. And any money it might make then has to cover overhead before counting as net revenue. The only advantage DW has is the low interest rates on the money they had to borrow to make the cartoon. Giant write off.
You are 100% correct, unfortunately most people here still believe studios get all the box office and 500 employees doesn’t cost anything.
Even at Prime plus 1 150,000,000 still costs you a lot of money over 1st cycle. Rise of the Guardians was a BIG LOSS.
What he meant by time to catch on is that it may start slow at the box office but have great legs like how to train your dragon.
International prospects are huge. This will do at least 400 million worldwide if not a whole lot more.
Not if it opens here at 36M-38M.
The characters on “The Croods” are so damn ugly. Not a cute kind of ugly either, just ugly. And storywise, this doesn’t have the “Dragon” vibe in the least. Another flop for Dreamworks, to be followed closely by “Turdo” – oops, I mean “Turbo”.