CATEGORIES Movie NewsHave you finished filing your taxes? Did you make sure to write off all that you could in order to pay the lowest amount possible? Maybe you got to deduct that Goodwill donation and your student loan interest. How about a loss on a feature film that bombed at the box office? Have you got that?
While movie studios don't do their taxes annually all at once, we can't help recalling on Tax Day the $200 million write-down Disney took last year when "John Carter" was determined to be a major flop. And that makes us want to look at the list of the largest financial failures in film history.
The following titles are taken from box office data reports and websites like The Numbers, which figures the losses based on the usual deal where distributors get back only 50 percent of the reported gross. These losses are also adjusted for inflation, and where available the budgets include marketing costs.