JOHN CARTER Expected To Lose Disney 200 Million Dollars

All though the reviews have been mix Disney is expecting around a 200 millions dollar loss due to John Carter's lackluster performance at the box office. Click here for the details.

By WaylonJones - Mar 19, 2012 01:03 PM EST

Filed Under: John Carter of Mars

Disney has released a statement to Deadline today that it expects to lose around 200 Million dollars this fiscal quarter. The company has put the blame on John Carter and its disappointing box office earnings. The company has high hopes for the third quarter though. They are looking at such films such as The Avengers and Brave to put them back in the green.

Statement from Disney:

“In light of the theatrical performance of John Carter ($184 million global box office), we expect the film to generate an operating loss of approximately $200 million during our second fiscal quarter ending March 31. As a result, our current expectation is that the Studio segment will have an operating loss of between $80 and $120 million for the second quarter. As we look forward to the second half of the year, we are excited about the upcoming releases of The Avengers and Brave, which we believe have tremendous potential to drive value for the Studio and the rest of the company.”

The film has been met with mixed reviews from sites a critics a like. RottenTomatoes currently has the film split with a 51% approval rating. The news doesn't come as a shock with as bad as Disney marketed the film. This also unfortunately seems to close the door on a possible sequel. Leave your comments about what you thought of John Carter in the boxes below.

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JOHN CARTER Expected To Lose Disney 200 Million Dollars

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