@THRThe linked report claims that due to weak domestic box office performance and a "tent-pole feature" budget, the Disney Company will be forced to post quarterly loss of between $80-120 million dollars.
'John Carter' Will Cost Disney $200 Million in Operating Losses http://t.co/CD14wMqM
Disney [...] will post a loss of from $80 million-$120 million, the company said. During the same quarter a year ago, Disney reported operating profit of $77 million. John Carter marks the fourth year in a row that Disney has had to take a large write-down due to a poor performing movie.The problem is, other reported numbers don't agree with this report.
Mr. Hulett has opined prolifically about the "organic" nature of production studio budgets. In previous posts, he states that feature budgets ebb and flow as the production studio desires and not always in line with actual costs. In the case of Disney's John Carter (if Mojo's numbers are to be believed), it seems that in the three weeks its been out has almost made up its supposed $250 million price tag once you include the foreign box tally.
Personally, I've heard varying reviews of the film. Most of my trusted sources (people I know whose opinions I've come to trust through years of friendship and experience) have told me not to miss seeing it in the theaters. I've also been told that the effects are of the highest caliber and a fine example of where the technology is today.
One could easily conclude that given a healthy run in the theaters, this film will make up its "costs" and find itself in the black. Its also apparent that ticket sales outside our fine United States seem to be making up the bulk of the overall tally. This fact seems to be the norm these days, and its a wonder why those figures weren't included in THR's report.
In the end, its important to remember the wise words of Hulett:
Nothing prevents our fine entertainment conglomerates from moving costs to some other movie's production number, or charging development to "studio overhead" to make stockholders less unhappy or participants of "net" profits less rich.
So, no matter what the numbers say, its apparent that Disney thinks John Carter was a stinker.