John Carter Film Loses Disney Around £126m

 

John Carter looks set to be among Hollywood's biggest ever flops with Walt Disney expecting to lose £126m on the film during the current quarter.

Directed by Pixar's Andrew Stanton, the 3D movie is based on a series of books written by the late Edgar Rice Burroughsabout.
John Carter took around £116m in ticket sales worldwide but they are are split roughly in half with cinema owners.
The film's production budget is estimated to be £157m with £63m more spent on marketing.
It has received mostly average reviews, though AP Movie Critic Christy Lemire called it "massively confusing" and "deadly dull".
The poor reception has been a shock given Stanton's directing success with movies like Finding Nemo and Wall-E, each of which won an Oscar for best animated feature.
The flop ranks with history's biggest box office disasters.
Disney's animated movie Mars Needs Moms from last year cost around £94m to make but only sold £25m in tickets worldwide, according to reports.
Warner Bros' Speed Racer from 2008 cost £120m, but took in only about £59m in cinemas.