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.
Fool contributor Demitrios Kalogeropoulos owns shares of Netflix. The Motley Fool recommends DreamWorks Animation and Netflix. The Motley Fool owns shares of Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.