Disney is expected to experience a $200 million loss on their big budget movie “John Carter.”
The movie is estimated to have cost Disney $350 billion to make and market. Box office receipts for its first two weekends is approximately $184 million worldwide. Theaters split the box office proceeds with the production company 50-50 most of the time.
The movie got off to a soundly beaten by “The Lorax,” when the weekend numbers rolled in.
The movie chronicles the story of “John Carter,” a Confederate civil war veteran who finds himself mysteriously transported to Mars. Once there, he becomes entangled in a war on the red planet. The script is based on an Edgar Rice Burroughs novel, “A Princess of Mars.”
The movie is rated 51% by reviewers at RottenTomatoes.com. It did do better with actual moviegoers, with a 71% “liked it” rating.