Pan: big budget turkey heading for $150m nosedive;
Pan’s production costs alone were $150m, with marketing (estimated at $125m) and other costs likely to have pushed its total budget beyond $275m. Studio execs are now relying on a spectacular performance in China, where the film opens on 22 October, to get close to a break-even.
The Hollywood Reporter bases its estimate of losses between $130m and $150m on conversations with analysts and box office experts. Warner Bros has not yet responded to the claim.
As well as withering reviews, Wright’s film also suffered from bad press after the Atonement director cast the white actor Rooney Mara in the role of Tiger Lily, traditionally a Native American character. An online petition against the casting has gained more than 95,000 signatures.