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Thursday, March 22, 2012

John Carter flop to cost Walt Disney $200m



Walt Disney has said it expects to lose $200m (£126m) on its movie John Carter, making it one of the biggest flops in cinema history.
The film's director, Pixar's Andrew Stanton, had previously had great success with films such as Finding Nemo and Wall-E.
The John Carter film is based on a series of books written by the author of Tarzan, Edgar Rice Burroughs
It is estimated that John Carter cost $250m to make and it is likely that Disney spent another $100m on marketing
The film has taken no more than $184m at box offices worldwide, with cinema owners receiving about half of that total.
Disney's science fiction film John Carter has taken $30.6m (£19.6m) at the US box office, falling far behind its reported budget of $250m (£160m)
Starring Taylor Kitsch, John Carter has been panned by critics, who called it "boring", "old hat" and "chaotic".

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