John Carter loss worse than analysts expectations – $200 million write off
by Doc on Mar.19, 2012, under Movies
I’m hearing from various directions this evening that the loss for Disney’s John Carter is worse than analysts predicted, with Disney taking a $200 million write-off and Disney Studios expected to have a loss of $120 million in the quarter. Analysts were predicting $50-100 million less.
Now that The Hunger Games gets released this week, no one expects any appreciable income for John Cater in the coming weeks, and it appears they are not expecting a strong DVD market for the movie either.