No doubt it's a disappointment that isn't going to bring in any meaningful profits for Disney, but that article doesn't say a thing about television sales. I don't want to sound like a broken record, but that's where movies make most of their money.
Yeah, Disney's press release basically just states that they're not going to make any money off it this quarter. I'm sure the movie's gonna make its budget back eventually. Almost all studio movies do at some point.
Does anybody else find it strange that they would release this statement basically calling the movie a giant flop while the movie is still in theaters and actually doing quite well outside the US?
It probably has to do with internal studio politics, since (IIRC) the current executives in charge ousted the executives who greenlight John Carter