John Carter may lose more money at the box office than previously expected, according to a new statement from Disney.
Although analysts predicted just last week that the $250 million blockbuster might only lose $100-150 million, the studio is claiming a $200 million loss.
In light of the theatrical performance of John Carter ($184 million global box office), we expect the film to generate an operating loss of approximately $200 million during our second fiscal quarter ending March 31. As a result, our current expectation is that the Studio segment will have an operating loss of between $80 and $120 million for the second quarter.
The studio says it's counting on the highly-anticipated The Avengers and Brave to pull it out of the hole for 2012.
Even in the best-case scenario, with better-than-predicted DVD sales, John Carter will still lose over $50 million.
Sorry, Carter fans, but things don't look so good for a sequel.