This is a big weekend for both DreamWorks Animation (NASDAQ: DWA ) and Netflix (NASDAQ: NFLX ) . DreamWorks' second film of the year, Turbo, hits theaters following its March release, The Croods. The company hopes Turbo performs more like that film than its Rise of the Guardians miss last year.
But Netflix investors also have reasons to root for big box office numbers here. Fool contributor Demitrios Kalogeropoulos explains why in the video below.
Thanks to two deals that the companies struck recently, he says, Turbo will be coming to Netflix streamers exclusively next year. And Netflix will also be home to a DreamWorks original series based on the Turbo characters. That makes this film unusually important for the streaming service, which is depending heavily on DreamWorks to provide popular, family-friendly content.