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| John Carter flop to cost Walt Disney $200m | John Carter flop to cost Walt Disney $200m |
| (about 3 hours later) | |
| Walt Disney has said it expects to lose $200m (£126m) on its movie John Carter, making it one of the biggest flops in cinema history. | Walt Disney has said it expects to lose $200m (£126m) on its movie John Carter, making it one of the biggest flops in cinema history. |
| The film, about a military captain transported to Mars, could result in an $80-120m loss for Disney's movie business during the current quarter. | The film, about a military captain transported to Mars, could result in an $80-120m loss for Disney's movie business during the current quarter. |
| Disney shares were down almost 1% in early trading in New York. | |
| The firm is still likely to make a substantial quarterly profit, though, thanks to its TV businesses. | The firm is still likely to make a substantial quarterly profit, though, thanks to its TV businesses. |
| Tarzan | Tarzan |
| It is estimated that John Carter cost $250m to make and it is likely that Disney spent another $100m on marketing. | It is estimated that John Carter cost $250m to make and it is likely that Disney spent another $100m on marketing. |
| Reviewing the film on BBC 5 Live, Mark Kermode said: "The story telling is incomprehensible, the characterisation is ludicrous, the story is two and a quarter hours long and it's a boring, boring, boring two and a quarter hours long." | Reviewing the film on BBC 5 Live, Mark Kermode said: "The story telling is incomprehensible, the characterisation is ludicrous, the story is two and a quarter hours long and it's a boring, boring, boring two and a quarter hours long." |
| The film's director, Pixar's Andrew Stanton, had previously had great success with films such as Finding Nemo and Wall-E. | The film's director, Pixar's Andrew Stanton, had previously had great success with films such as Finding Nemo and Wall-E. |
| The John Carter film is based on a series of books written by the author of Tarzan, Edgar Rice Burroughs. | The John Carter film is based on a series of books written by the author of Tarzan, Edgar Rice Burroughs. |
| The series began with A Princess of Mars in 1912 and ended with John Carter of Mars, published after the author's death in 1964. | The series began with A Princess of Mars in 1912 and ended with John Carter of Mars, published after the author's death in 1964. |
| The film has taken no more than $184m at box offices worldwide, with cinema owners receiving about half of that total. | The film has taken no more than $184m at box offices worldwide, with cinema owners receiving about half of that total. |
| It is difficult to compare losses on films, as studios reveal little financial detail and allowances have to be made for inflation. | It is difficult to compare losses on films, as studios reveal little financial detail and allowances have to be made for inflation. |
| The Hollywood Reporter says that last year's biggest flop was Mars Needs Moms, which cost $150m to make and only took $39m at the box office. | The Hollywood Reporter says that last year's biggest flop was Mars Needs Moms, which cost $150m to make and only took $39m at the box office. |
| Disney will be hoping for success from other big budget movies due for release later this year. | Disney will be hoping for success from other big budget movies due for release later this year. |
| The list includes The Avengers, due to be released in May, and Brave, set to be released by Disney Pixar in June. | The list includes The Avengers, due to be released in May, and Brave, set to be released by Disney Pixar in June. |