Staggering Amount of Money Cruise Film Will Lose Revealed
Warner Bros.
Tom Cruise’s Digger has already been declared a flop by the critics, but just how expensive a flop is only now becoming clear.
The A-list actor’s much-awaited film is set to lose a stunning $250 million, according to The Wrap .
This accounts for both its box-office run and post-theatrical revenue.
The political satire, which reportedly cost somewhere between $160 and $173 million to make, was an instant box-office crash .
Initially, reports put the projected loss at around $125 million, but that number has skyrocketed after a disastrous opening weekend.
In addition to the film’s mammoth budget, the marketing budget reportedly runs about $100 million.
Warner Bros. financed the movie entirely and apparently greenlit it under David Zaslav’s approval.
It was the media empire’s last big release before Paramount Skydance takes over.
The Wrap reports that Skydance executives were “shocked” to discover just how much money Cruise’s film was set to lose.
In its opening weekend, Digger brought in just $8 million, coming in fourth behind Heart of the Beast , Resident Evil , and Verity .
Critics widely panned the movie, likely fueling its road to commercial failure.
The Daily Beast’s Nick Schager called it a “catastrophe,” despite its director being Alejandro G.
Iñárritu, a two-time Best Director winner at the Academy Awards.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.thedailybeast.com — the content belongs to The Daily Beast.