Disney loses 200 Million Dollars and the reason…..

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  • 03:50 PM - 20 March 2012
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Disney Company has announced its massive financial loss that will reach till the end of March, 200 million dollars. The major cause of this loss was the crash and burn of "John Carter" movie that consumed a 250 Million dollar from its budget in addition to 100 million dollar for its propaganda. Unfortunately two weeks since "John Carter" hit the American theaters, it didn't achieve except 53 million dollar by scoring 40 million dollars in the first week and decreasing by 13 million dollars in the second week.It was surprising that Disney announced in an indirect way the failure of its movie although it is currently exposed in cinemas.Moreover the Company explained that it will continue falling back with an expected amount of 80 to 120 million dollars while it should achieve some profits in last six months of the year through releasing "The Avengers" and "Brave"."John Carter" is considered the first film for the cartoon strip director Andrew Stanton and it tells the story of John Carter who discovers another life on planet Mars. He is captured by some creatures and he tries to escape them.

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