Re: Disney's JOHN CARTER
Walt Disney has said it expects to lose $200m (£126m) on its movie John Carter, making it one of the biggest flops in cinema history.
The film, about a military captain transported to Mars, could result in an $80-120m loss for Disney's movie business during the current quarter.
Disney shares fell 1% in after hours trading after the announcement.
Also says they're likely to make a profit with TV rights and so on but must be a blow to Disney for it to have made them a total loss on their movies this quarter.
“Wisdom comes from experience. Experience is often a result of lack of wisdom.”
― Terry Pratchett
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