Unfortunately for many employees of DreamWorks, "How to Train Your Dragon 2" is being considered a financial disappointment.
Released on June 13 opposite “22 Jump Street,” “HTTYD2” had a respectable $50 million opening weekend. However, that total was far below the $65-70 million range many had predicted. Since then it’s been nothing but bad news for the film, which has seen its domestic box office totals basically halved each weekend ($25 million the second weekend, $13 million the third weekend, and $8 million last weekend). Though it’s made close to $300 million worldwide, the movie's domestic box office has yet to match its massive $145 million budget.
"How to Train Your Dragon 2" has still made an obscene amount of money. However, when compared to its massive budget, the return on investment just isn't there for DreamWorks. The financial failure of "HTTYD2" is believed to be part of the reason DreamWorks began laying off employees of its animation division this week. The company has reportedly let go between 40 to 50 employees so far.Read More »from No wings for ‘How to Train Your Dragon 2′: DreamWorks lays off dozens of animators