Matt Damon’s The Great Wall is on track to lose more than $75 million according to sources who spoke to The Hollywood Reporter. The film has only made $36.5 million at the U.S. box office and $266 million overseas for a total of $302 million. It was expected to do better than it is, especially for being one of the largest movie co-productions between U.S. and Chinese film companies.
Universal funded 25 percent of The Great Wall‘s $150 million production budget, with Legendary Entertainment, China Film Group, and Le Vision Pictures making up the rest of the funds. The marketing budget for the movie was estimated to be at least $80 million. It’s said that Universal Pictures itself will lose $10 million on the project.
The Great Wall is expected to earn some money back when it hits home release with an anticipated $20 million from digital/Blu-ray/DVD in the US and up to $40 million from international markets.
