Tom Cruise film Digger could lose $245m as The Social Recknoning also struggles at box office
Similar to other reports, this article details the significant financial losses expected for the Tom Cruise film 'Digger'. It highlights the gap between the film's high production budget and its poor box office performance.
Why it matters
It serves as a case study for the volatility of blockbuster film investments and the shifting economics of theatrical releases.
Share Save Add as preferred on Google Steven McIntosh Entertainment reporter Warner Bros Tom Cruise's latest film Digger is expected to lose around $245m (£185m), Hollywood analysts have said, after the film's continuing poor performance at the box office.
Ticket sales for the satirical black comedy, which stars Cruise as oil magnate Digger Rockwell, dropped by around 60% in the movie's second weekend in cinemas.
It brings Digger's total box office takings so far to around $35m (£26m) globally. The film is estimated to have cost its studio Warner Bros around $280m (£211m) to make and market.
But Cruise said last week that he "never thought of movies when I'm making them [in terms of] opening weekend," adding he was instead focused on making films that "hopefully will translate, last and evolve".
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