Viacom just slashed its outlook for the third quarter — and it's the Teenage Mutant Ninja Turtles' fault

The heroes on the half-shell are taking a slice out of their parent company's business.

Viacom, the parent company of media properties such as Paramount Pictures and MTV, slashed its forecast for its coming quarter due to the disappointing release of the new movie Teenage Mutant Ninja Turtles: Out of the Shadows.

Additionally, the company said business from it's new streaming video on-demand service had been impacted by the public board battle between Chairman Sumner Redstone and CEO...

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