The much-hyped about movie ‘Cats’ based on the successful stage musical by Andrew Lloyd Webber of the same name has been receiving major criticism by critics as well as the audiences. Despite having a star-studded cast like global pop-sensation Taylor Swift, Jennifer Hudson, James Cordon, and Idris Elba, the film is bombing at the box-office. Even Oscar-winning director Tom Hooper couldn’t save the film.
A report published in a leading daily called Deadline read “Our finance sources informed over this weekend that the Universal/Amblin/Working Title feature adaptation of the near $4 billion-grossing Andrew Lloyd Webber stage musical is bound to lose at least $71M — that is if the pic reaches a global box office result of $100M; meaning $40M stateside and $60M abroad. This is based off a production cost of $90M net–the pic was shot on soundstages in London–and a $115M estimated global P&A spend. Broken further out, total WW theatrical rentals, global free/pay TV and global home entertainment revenues including streaming are expected to total at least $155M. Home entertainment costs plus global P&A stands around $226M we’re informed. Universal wasn’t available for comment on these numbers.”
Another shocking fact about the film is that it wasn’t even completed until days before its release.