Ow.
Los Angeles (Financial Times) -- Walt Disney will incur a $200m writedown on John Carter, the action film based on the Edgar Rice Burroughs novel which has failed at the box office despite a $300m production budget and an extensive global marketing campaign.
http://www.cnn.com/2012/03/20/business/disney-writedown-john-carter/index.html?hpt=hp_t3
Ow.Los Angeles (Financial Times) -- Walt Disney will incur a $200m writedown on John Carter, the action film based on the Edgar Rice Burroughs novel which has failed at the box office despite a $300m production budget and an extensive global marketing campaign.
http://www.cnn.com/2012/03/20/business/disney-writedown-john-carter/index.html?hpt=hp_t3
Such a bummer...I'm working on an article on this right now. I don't think they marketed it very well. Almost everyone I know that actually saw it loved it!