Thursday, June 11, 2015

George Who?

Disney Could Lose $140 Million on 'Tomorrowland' Flop

By Pamela McClintock, Jun. 10, 2015, Hollywood Reporter

This story first appeared in the June 19 issue of The Hollywood Reporter magazine. To receive the magazine, click here to subscribe.

If ever there was a studio that could withstand a serious stumble, it's Disney, home of Lucasfilm, Marvel, Pixar and Walt Disney Animation Studios. And stumble it has with Tomorrowland, theBrad Bird-directed fantasy adventure. Sources say the film will lose $120 million to $140 million by the time it finishes its global rollout, becoming Disney's first major financial misfire since The Lone Ranger prompted a $190 mil­lion write-down two summers ago.

It's also the third big-budget original tentpole of 2015 to bomb after Jupiter Ascending andSeventh Son, highlighting the risky nature of nine-figure filmmaking at a time when relatively lower-budget hits such as Spy and Pitch Perfect 2 are causing studios to look closely at the costs of creating franchises.

More: www.hollywoodreporter.com


Join us - become an Elderado today at: LarryElder.com 

Follow Larry Elder on Twitter
"Like" Larry Elder on Facebook

No comments:

Post a Comment

Comment Policy:

The author of this blog will attempt to engage in conversation via the comments section whenever possible and recognize the 24/7 nature of the internet. Moderating and posting of comments will occur during regular operational hours Monday through Friday. Comments submitted after hours or on weekends will be read and posted as early as possible, however admins and/or the author is unable to commit to replying to every comment posted.

This is a moderated blog. That means all comments will be reviewed before posting. In addition, it is expected that participants will treat each other, as well as the author and admin, with respect. Comments that contain vulgar or abusive language; personal attacks of any kind will not be posted. Comments that are spam or that promote services or products will not be posted. It is requested that all comments remain on topic.

The Elder Statement blog does not guarantee or warrant that any information posted by individuals on this blog is correct, and disclaims any liability for any loss or damage resulting from reliance on any such information. The Elder Statement blog may not be able to verify, does not warrant or guarantee, and assumes no liability for anything posted on this website by any other person. The Elder Statement blog does not endorse, support or otherwise promote any private or commercial entity or the information, products or services contained on those Web sites that may be reached through links on our Web site.

To protect individual privacy and the privacy of others, please do not include phone numbers, addresses or email details in the body of a comment. Such information will result in removal of a comment.

Thank you for your attention.

The Elder Statement