The numbers are in on Ruby Gillman, Teenage Kraken, and it does not look good for the future of DreamWorks Animation.

Since DreamWorks was founded in 1994 by Steven Spielberg, David Geffen, and ex-Disney chairman Jeffrey Katzenberg, the studio has always struggled to match up to the House of Mouse, even after plundering the company for animators.
For a long time, DreamWorks was supported by the massive success of the Shrek franchise, which it has continued relying upon with the spinoff Puss in Boots series.

However, it will have to be seen how the company deals with the failure of Ruby Gillman, Teenage Kraken, a movie that has been described as “woke” counter-programming to Disney’s live-action The Little Mermaid remake.
Related: ‘Little Mermaid’ Not Just “Another Disney Woke-A-Thon,” Claims Conservative Critic
DreamWorks Animation Biggest Failure Ever
According to Box Office Mojo, Ruby Gillman, Teenage Kraken is officially the lowest-grossing DreamWorks Animation feature film ever, delivering a crushing blow to the Disney rival.

The Kirk DeMicco-directed film grossed just under $26 million globally, not getting even close to its production budget of approximately $70 million. It is estimated that the movie may cost Dreamwork’s parent company, Universal Pictures, as much as $80 million in losses.
Even for a company as big as Universal (itself a subsidiary of Disney’s competitor Comcast), that is a pretty huge flop.
‘Ruby Gillman, Teenage Kraken’ and ‘The Little Mermaid’
For comparison, the live-action Little Mermaid remake cost vastly more than its DreamWorks Animation counterpart, with an estimated budget of $250 million. However, it did gross a whole lot more, pulling in an estimated $569 million at the global box office.
Ruby Gillman, Teenage Kraken follows the title character (Lana Condor) as she attempts to fit in at high school, only to discover that she is actually the descendent of the legendary ocean creatures known as Kraken. The Kirk DeMicco film co-stars Lana Condor, Toni Collette, Annie Murphy, Colman Domingo, Jane Fonda, and Jaboukie Young-White.

The movie also received a comparatively lukewarm reception from critics, currently holding 65% at Rotten Tomatoes. All in all, it is fair to say that the movie was not the Disney counterstrike that DreamWorks Animation was probably hoping for.
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Global Box Office Flops
Disney has been dealing with its own series of flops at the box office in the last few years, which some say may have cost the company up to a billion dollars in one year. Ruby Gillman, Teenage Kraken might not cost DreamWorks quite as much, but it is sure that it is a loss the studio doesn’t need right now.
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