Disney set to lose millions as The Little Mermaid tanks
The Walt Disney Company is facing potential financial losses with the release of the live-action remake of The Little Mermaid during the Memorial Day weekend.
Box office analysts have provided speculation that this company, often associated with progressive ideals, may experience significant financial setbacks due to the live-action remake of the film.
The movie has been seen to be doing better at the domestic box office than overseas, raking in approximately $300M-$350M in the U.S. and Canada, as opposed to $260M abroad.
According to financial sources, The Little Mermaid, with a reported production cost of $250 million and a global marketing expenditure of $140 million, has a strong chance of reaching the break-even point.
Nevertheless, if its worldwide earnings fall below the modest threshold of around $400 million, this film may incur a loss of approximately $20 million, causing it to struggle financially.
https://www.msn.com/en-us/movies/ne...lions-as-the-little-mermaid-tanks/ar-AA1c9dWq