Disney’s Box Office Disaster
By:
DailyMarkets.com
Posted on March 20, 2012 at 08:50 AM EDT
Yet another science-fiction ‘John Carter’ is creating a buzz, but this time wiping out the smiles of the production house, The Walt Disney Company (NYSE:DIS). Disney is expected to register a loss of $200 million as the company’s big-budget action flick turns out to be the biggest flop in its history, Reuters reported. The film [...]
Yet another science-fiction ‘John Carter’ is creating a buzz, but this time wiping out the smiles of the production house, The Walt Disney Company (NYSE:DIS). Disney is expected to register a loss of $200 million as the company’s big-budget action flick turns out to be the biggest flop in its history, Reuters reported.
The film was reported to have generated a mere $184 million in revenues from world wide ticket sales. However, Disney incurred more than $300 million on production and … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
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