By now, it’s no secret that Solo: A Star Wars Story is a box office disappointment, turning in a poor opening weekend and having a big second-weekend drop. But now, it looks like it’s officially a real box office bomb – something that’s rare for Disney and Lucasfilm.
Per The Hollywood Reporter, Solo is expected to lose a decent amount of money for the studio. According to Wall Street analyst Barton Crockett, the film will lose more than $50 million. However, other industry financing sources suggest that that number could rise to over $80 million. It’s unknown how Disney’s television and home entertainment deals, as well as marketing, would affect this.
Right now, Solo is on track to end its run in the $400 million worldwide range. Its production budget was originally said to be $250 million+, but recent reports have suggested it’s more like $300 million+. And that’s not counting whatever Disney spent on marketing the movie.
So, to put it simply, Solo isn’t going to make enough to break even. That’s a crazy thought for a Star Wars movie, especially in light of The Force Awakens‘ colossal success in 2015. But, it’s happening.
Stay tuned for more news as we have it.
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