John Carter Suffers Record Losses

John CarterJohn Carter is one of the biggest box office flops of all time.

Studio Walt Disney have admitted they expect to lose $200 million on the film - which stars Taylor Kitsch as a military captain sent to Mars - having shelled out $100 million on marketing and $250 million producing the movie. The figures mean Disney could lose around $80-$120 million in its movie business during the current quarter, though will still make a substantial overall profit thanks to the company's TV endeavors.

The movie - based on books by Edgar Rice Burroughs - has taken no more than $184m at box offices worldwide, but cinema owners receive about half of that total.

John Carter director Andrew Stanton - who also helmed smash hits WALL-E and Finding Nemo - has previously admitted he pays no attention to the budgets on his films: "I've always worked with huge budgets, I mean the truth is, this is all I have ever known. Having said that, I've always ignored what the budget is. I've never felt any gain to be worrying about numbers."

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Filming on 24 Movie Postponed Until 2013

Kiefer Sutherland as Jack BauerThe big-screen adaptation of 24 has been postponed.

Kiefer Sutherland had previously insisted the movie version of the TV series - in which he plays government agent Jack Bauer - would begin shooting this year but his commitments to new show Touch and budget concerns have pushed filming back to 2013, according to Deadline.

"We're still working on a script, and hope to make (it) when Kiefer next has time. But this all came down to timing, and seven weeks is not enough time to prep a movie like this," a spokesperson from 20th Century Fox said.

The movie - set to be part of a trilogy - was originally scheduled to begin shooting this month with Kiefer coming on board in April during the hiatus for Touch, but executives are worried about the short period of time before the TV show stars filming season two and disagreements with filmmakers over the budget. It is thought that the studio Fox had planned a budget of $30 million, while the filmmakers wanted $45 million to $60 million to create the movie they envisaged.

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Terry Gilliam: Avatar’s Success Hurts Other Filmmakers

Posted by Andru Edwards Categories: Celeb News, Filmmaking,

Terry Gilliam

has blasted Avatar for limiting the opportunities of less successful filmmakers.

The The Imaginarium of Doctor Parnassus director said James Cameron’s epic 3-D blockbuster - now the biggest grossing film in history - cost so much to make, it meant many other projects missed out on funding.

“There are so many small, beautiful filmmakers and actors and directors with so much potential that just can’t get a look in because the studios are pumping all their money into these huge projects,” Gilliam claimed. “There are such incredible lower-budget films that are magical, but we’ve got our work cut out with things like coming out. How are these young talents supposed to get a look in without the budget? That’s the sad thing, because they are just as good.”

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