UPI en Espanol
facebook
twitter
account
search
search

Report: 'Lone Ranger' could lose $150M for Disney

July 8, 2013 at 10:45 AM
| License Photo

LOS ANGELES, July 8 (UPI) -- The Johnny Depp western "The Lone Ranger" could end up costing Disney $150 million after a disappointing opening weekend, The Hollywood Reporter said.

Depp reunited with his "Pirates of the Caribbean" collaborators -- producer Jerry Bruckheimer and director Gore Verbinski -- for the project, which reportedly cost $250 million to make and another $175 million to market.

The Hollywood Reporter said the film made $48.9 million in North America during the five-day July 4 weekend. It is expected to earn about $125 million domestically and another $150 million in international markets.

"It's very disappointing," Dave Hollis, Disney executive vice president of worldwide distribution, told the entertainment industry trade newspaper Sunday. "Everything was perfect on paper, so today was incredibly frustrating."

The poor performance of the "Lone Ranger" at the box office breaks Disney's winning streak, which began with "Iron Man 3" this spring and continued with "Monsters University" during the summer.

Top Stories
Dustin Diamond found not guilty of felony reckless endangerment for stabbing incident
Bruce Jenner to appear as woman on cover of Vanity Fair magazine
Lindsay Lohan off probation for the first time in seven years
Iggy Azalea cancels concert tour; will still perform at special events
'Teen Mom OG' star Maci Bookout gives birth to a daughter, names her Jayde