In what might be the least surprising news of the year so far, Slash Film is reporting that "Jack the Giant Slayer" is officially a bomb of legendary proportions, as Bryan Singer's ill-fated CGI fantasy will likely cost Warner Bros. over $100 million.
You know what they say: The bigger they are, the harder they mess their pants.
And $100 million may actually be a conservative estimate. Between Warner Bros., New Line Cinema and Legendary Pictures, each of which has a stake in the film, total losses could reach as high as $140 million.
Even by Hollywood standards that's taking a serious bath.
Here's how the figures break down: With $61.7 earned million domestically and an additional $91.4 million brought in overseas, "Jack the Giant Slayer" is sitting at $158.1 million worldwide to date. And with its run basically over, that figure is unlikely to rise. But while that seems like a lot of money to the real world, in Hollywood terms it's a drop in the bucket considering "Jack the Giant Slayer" cost a reported $195 million to make and nearly $100 million more to market.
Obviously, given the results, they could have just taken that marketing money and set it on fire instead. How bad is it? Well, last year's "John Carter" was widely considered one of the biggest bombs in film history. But with "John Carter" earning $282.7 million worldwide against an estimated production and marketing budget of $350 million, it's very possible that "Jack the Giant Slayer' may actually lose more money.
A bigger bomb than "John Carter"? Now that's truly a "Giant" accomplishment.