Variety has issued a report detailing the big hit that the studio took after their last film, The Penguins Of Madagascar, and the number is a very uncool $247.7 million loss. While initially it looked like a good idea for the Madagascar spin-off to move from its original release date in March 2015, hindsight speaks to the opposite scenario. The family film came out during a very crowded season, and as a result nobody paid attention to it. When that happens, studios lose money.
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