By At last report back in May this year, Marvel Studios’ “The Marvels” was dubbed the biggest box-office bomb of 2023 with the film reportedly having a net loss of $237 million for Disney according to Deadline.
They indicated at the time Disney reportedly spent $270 million making the film, a further $110 million marketing it, $21 million in residuals/distribution expenses, and $54 million in interest and overhead – a total cost of $455 million.
Meanwhile, revenue from box-office, rentals/purchases and streaming resulted in total revenue of $218 million – thus it worked out at a $237 million loss.
Now though, the number may have to be adjusted as just released film tax credit information filings out of the UK (via World of Reel & Reddit) indicate that the film cost more.
In fact, they state the project’s cost came in at a total cost of $378.5 million as of end of September 2023 – a number that drops to $325.3 million after film tax credits are paid out.
That’s notably higher than the $270 million reported prior production budget figure from May’s report and pegs the net loss to Disney closer several tens of millions higher.
If accurately calculated, that would push “The Marvels” past the inflated adjusted numbers for both “The Lone Ranger and “John Carter” to become the costliest film flop of all time.
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