Who needs John Carter when you have Harry Potter? Kirby
On Mar 20, 2012, at 2:42 AM, Ari Richards wrote: > Thats because these darn young whipper snappers don't know how to read. > Especially not the great adventure books from the Silver age ;) > And I would wager that not many Women read ERB at the time either. > > Ari > > From: David Kusumoto <[email protected]> > To: [email protected] > Sent: Tuesday, 20 March 2012 12:39 PM > Subject: [MOPO] OT: Disney expects $120 million operating loss due to 'John > Carter.' > > I wonder how much the negative buzz that preceded the film - turned out to be > a self-fulfilling prophecy for some. It seems the industry loves a loser as > much as it loves a winner. But there's no doubt that the women I know - had > near zero interest to see this picture. In the industry trades, I kept > reading about how the film ended up skewing toward older men, as in WAY older > men, not just simply "the over 25s." -d. > > ======================================== > > TUESDAY, MARCH 20, 2011 > Disney's $200 Million Charge > 'John Carter' Proves a Huge Loss for Disney, > Spurs New Focus on Cutting Costs > By ERICA ORDEN FOR THE WALL STREET JOURNAL > > Walt Disney Co. expects to lose $200 million on its science-fiction epic > "John Carter," the company said on Monday, citing the costly movie's weak > box-office performance. > As a result, Disney added, its movie studio is expected to report an > operating loss of between $80 million and $120 million for its fiscal second > quarter, ending March 31. Disney won't report its earnings for the quarter > until May, and rarely offers such advance financial guidance. > The studio recorded an operating profit of $77 million during the same > quarter last year—even though that period included another big-budget flop, > "Mars Needs Moms." > "John Carter," which cost more than $250 million to make and an > additional $100 million to market, has been a box-office bomb, particularly > in the U.S., where its cumulative domestic earnings total $53.2 million > during its first 10 days in theaters. The movie has fared somewhat better > abroad, grossing $130.8 million outside the U.S. and Canada since its March 9 > opening. But those results are disappointing for a film that was one of the > studio's most expensive in years. > "It certainly didn't meet the expectations of what I wanted or what I > needed," Disney Studios Chairman Rich Ross said in an interview last week. > The film, about a Civil War veteran transported to a planet populated by > alien creatures called Tharks, came in third in the weekend's box-office > ticket sales results, behind rivals "21 Jump Street" and "Dr. Seuss' The > Lorax." > In addition to its significant expense, "John Carter" suffered from an > array of handicaps, including a lack of recognizable stars—the film featured > actors Taylor Kitsch and Lynn Collins, neither of whom are household > names—and a marketing campaign that was widely considered indecipherable and > visually unappealing. > During Disney's recent shareholders meeting, Chief Financial Officer Jay > Rasulo brushed aside an inquiry about the movie's results, saying that "it's > very early to talk about the financial impact of that film." > Partly in response to costly projects such as "John Carter," Disney > executives say they have taken a tougher look at production budgets for its > films, most notably for upcoming release "The Lone Ranger," on which the > studio halted production when its projected costs had surpassed $260 million. > In a statement on Monday, the company emphasized the prospects of its > upcoming films. "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." > Visit the MoPo Mailing List Web Site at www.filmfan.com > ___________________________________________________________________ > How to UNSUBSCRIBE from the MoPo Mailing List > Send a message addressed to: [email protected] > In the BODY of your message type: SIGNOFF MOPO-L > The author of this message is solely responsible for its content. > > > Visit the MoPo Mailing List Web Site at www.filmfan.com > ___________________________________________________________________ > How to UNSUBSCRIBE from the MoPo Mailing List > Send a message addressed to: [email protected] > In the BODY of your message type: SIGNOFF MOPO-L > The author of this message is solely responsible for its content. > Visit the MoPo Mailing List Web Site at www.filmfan.com ___________________________________________________________________ How to UNSUBSCRIBE from the MoPo Mailing List Send a message addressed to: [email protected] In the BODY of your message type: SIGNOFF MOPO-L The author of this message is solely responsible for its content.

