by Emma McEvoy
Peter Pan may have found Neverland, but lost Warner Brothers an estimated $130-150 million dollars.
Early in 2014, Warner Brothers under new CEO, Kevin Tsujihara, agreed to a $150 million dollar budget for the movie. His new team hoped to fill the loss of Harry Potter’s family franchises. Pan’s North American opening weekend, October 9-10, 2015, only brought in $15.3 million. Internationally the movie brought in a gross of $20.4 million and worldwide a total of $40.5 million. As of now, Pan joins Fantastic Four and Tomorrowland as box office disasters. The company hopes the October 22nd opening of the film will make up for the lacking revenue. The PG rated film stars, Hugh Jackman, Rooney Mara, Garrett Hedlund, and newcomer Levi Miller.
The story uncovers the origins of the classic fairytale, Peter Pan. Overall, audiences gave the movie a B+ rating. The film also spiked controversy among audiences in the casting of Tiger Lily. Viewers started a petition urging Warner Bros. to stop casting white people as colored roles.
Warner Brothers apparently saw trouble facing the film early on, as they moved the release date from July to October. Because of the new release date, Pan was forced to face The Martian taking $37 million and Hotel Transylvania 2 with $20.3 million. Hotel Transylvania 2 embarrassingly beat out Pan in its third week on the big screen.
Although Pan’s new take on a classic flew into theaters, the second star to profit is far out of reach.