Disney Could Lose $140 Million on 'Tomorrowland' Flop
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.
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