Disney’s woke Snow White makeover is set to lose a staggering $115 million at the box office, according to distribution sources cited by Deadline. The Mail has more.
Disney’s Snow White has been suffering a number of embarrassing setbacks, with a new report claiming it will lose a staggering amount at the box office.
The film starring Rachel Zegler as the title character reportedly had a whopping production budget between $240 million and $270 million, not counting the hundreds of millions poured into publicity and advertising.
Snow White opened with a disappointing $42.2 million at the domestic box office last weekend, and then it dropped a whopping 66% drop in its second weekend.
It’s currently taken in $66.9 million at the domestic box office after two weekends and $142.7 million worldwide.
This live-action rendition of the original 1937 animated classic hasn’t been a hit with critics either, with just a 40% score on Rotten Tomatoes.
Now a new report from Deadline is claiming that Disney will likely suffer a loss of $115 million from the film, when all is said and done.
The projected loss is based on an estimated global take of $225 million, $100 million domestic and $125 million worldwide.
The report is projecting total revenues for Snow White at $295 million, which includes $101 million in global film rentals, $62 million in worldwide home entertainment, $130 million from streaming and TV revenues and $2 million from merchandise.
The film’s projected total expenses add up to a whopping $410 million, including a $270 million production budget, $111 million in global publicity and advertising and $29 million for residuals and other expenses.
Those figures don’t include potential future revenue streams from things like Disney theme parks and/or cruises.
It’s also possible that the film could really explode when it arrives on the Disney Plus streaming service, though that remains to be seen.
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