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Thursday 16 August 2018

Film flop loses €150m

WALT Disney anticipates losing up to $200m (€151m) on its movie John Carter which would make it one of the biggest flops in cinema history.

The film, about a military captain transported to Mars, could result in an $80-120m loss for Disney's movie business during the current quarter.

Disney shares were down almost 1pc in early trading in New York.

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