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.
Latest posts by Paul Romano (see all)
- THE PUNISHER and JESSICA JONES Cancelled, as the Marvel/Netflix Affair Finally Ends - February 18, 2019
- CAPTAIN MARVEL on Track for Big $100 Million Opening Weekend - February 14, 2019
- BATMAN VS. TEENAGE MUTANT NINJA TURTLES Animated Movie Announced - February 14, 2019