The movie musical “Cats” has officially ended its theatrical run and the numbers are rather dire.
The film has closed out with just a $27.1 million gross at the North American box-office over its eight-week run. In addition, it earned a further $46 million overseas – pushing its global total to $73.5 million.
With a production budget of $95 million, the movie would’ve needed to make at least $250 million to break even and cover its costs, P&A spend and exhibitor cuts. How much the whole endeavour will cost Universal is unclear at the moment.
It’s a far cry from other movie musicals such as 2012’s “Les Miserables” which made $441 million worldwide from a $61 million budget, or 2017’s “The Greatest Showman” which overcame a terrible opening weekend to ultimately snag $434 million globally – both films also made over $147 million domestically each.
Source: The Numbers