After poor reviews and word of mouth led to a disappointing opening weekend, 20th Century Fox's gamble to reboot the "Fantastic Four" franchise looks like it may end up costing the studio. Citing research done by Barton Crockett, an analyst at FBR & Co., The Hollywood Reporter posits that Fox could end up with a $60 million write-off at least.
The film, which had a budget of $120 million, has so far only earned $25.68 million domestically and $35.1 million internationally according to Box Office Mojo. Crockett initially predicted that the film would launch with $27.7 at the domestic box office, but "FF" didn't even live up to that safe expectation.
Despite all this, Fox isn't ready to give up on the foursome just yet.
"While we're disappointed, we remain committed to these characters and we have a lot to look forward to in our Marvel universe," Fox domestic distribution chief Chris Aronson told THR in a separate interview. Aronson also spoke with The New York Times about the franchise's future, saying, "We love these characters, and we will find ways to make use of them."
"Fantastic Four" is in theaters now.