Disney CEO Robert Iger has revealed that the company expects to take a loss of around $75 million on its 1950s-set Coast Guard rescue drama “The Finest Hours” which opened in January.
The film, which starred Casey Affleck, Eric Bana and Chris Pine, was released back in January and made just over $40 million at the box office worldwide. A budget wasn’t released, but with plenty of CG and water-based filming, it obviously wasn’t cheap.
The film opened to very mixed reviews and marks one of Disney’s few misfires for the year. The studio is hardly hurting though following the huge success of “Star Wars: The Force Awakens” and the recent record-breaking opening for “Zootopia”, both films also scoring well with critics.
Iger adds that since the acquisitions of Pixar, Marvel and Lucasfilm were completed, the studio has released 26 films released, of which only one didn’t make money.