Los Angeles - John Carter is now officially a flop of galactic proportions.
The Walt Disney Company said on Monday that it expects to book a loss of $200-million on the movie in the quarter through March.
That will cause Disney's movie studio to post a loss of $80-million to $120-million for the quarter.
The movie, about a Civil War veteran who is transplanted to Mars, has brought in about $184-million in ticket sales worldwide.
But its production budget is estimated to be about $250-million with an estimated $100-million more spent on marketing. - Sapa-AP