TURBO

Turbo

Budget: $135 million Financed by: DreamWorks Animation
Domestic Gross: $83,028,128 Domestic Distributor: FOX
Overseas Gross: $199,542,554
Directed by: David Soren
Starring:
Ryan Reynolds
Paul Giamatti
Produced by: Lisa Stewart

turbo box officeDreamWorks Animation financed Turbo for $135 million and this would be the second animated feature to go out through their new distribution home at Fox.  Turbo opened in a busy family marketplace with Despicable Me 2 and Monsters University still going strong at the box office and Turbo opened behind Despicable Me 2 in its third weekend with $21,312,625.  Actor Ryan Reynolds who lent his voice to the title character, also had the box office disaster R.I.P.D. open the same day.  The animated pic managed to climb to $83,028,128 and pulled in a solid $199,542,554 overseas, but after theaters take their percentage of the gross and a pricey marketing spend, DreamWorks Animation posted a $13.5 million write down on Turbo.  DreamWorks Animation chalked the film’s financial failure to a bad release date and an over saturated marketplace with animated family fare.  A pre-release deal with Netflix to produce a series for the digital platform, helped pad what would have been a larger loss.