http://variety.com/2017/film/news/ben-affleck-live-by-night-flop-1201971025/
http://www.bbc.co.uk/news/entertainment-arts-38773378
"I owe my soul to the company store"
Live By Night mostly fired blanks when it debuted in theaters last December, and its failure has resulted in a lot of financial carnage.
The expensive gangster picture was a passion project for Ben Affleck, who directed, wrote, produced, and starred in the story of a Florida rum runner. But critics ripped the picture, calling it dramatically inert and a muddle. Thats left Warner Bros., the studio behind the film flop, looking at a $75 million loss, according to insiders with knowledge of its financing and rival studio executives.
Warner Bros. has a long relationship with Affleck, having backed and made money on his previous directorial efforts such as Argo and The Town. He also played the Dark Knight in the studios Batman v Superman: Dawn of Justice, Suicide Squad, and the upcoming Justice League. Affleck plans to direct a standalone Batman film.
http://www.bbc.co.uk/news/entertainment-arts-38773378
Yet the 44-year-old should perhaps take heart from the fact that Live by Night will occupy a fairly lowly position on any rundown of expensive film flops.
Indeed, it would have had to lose more than twice as much to challenge 47 Ronin, a 2013 martial arts fantasy starring Keanu Reeves.
With worldwide grosses of $151m (£119.4m) set against an estimated budget of £225m (£179m), the film is believed to have left Universal with a $149m (£118m) hole in its coffers.
Variety called it "one of the costliest box office flops of 2013", citing rewrites, reshoots and a "novice" director as factors in its downfall.
Then there is Mars Needs Moms, a 2011 Disney fantasy that made use of the performance capture technology popularised by 2004's The Polar Express.
Estimated to have cost $150m (£119.3m) to make, Simon Wells's film took just $38.9m (£30.9m) at cinemas - landing the House of Mouse with an estimated write-down of $130.5m (£103.7m).
Other Disney offerings that had their bean-counters running for cover include 2012's John Carter - estimated to have lost the company $125m (£99.4m) - and 2013's The Lone Ranger, thought to have accrued losses of around $150m (£119.5m).
Yet even these may be dwarfed by The 13th Warrior, a 1999 action fantasy that is rumoured to be the biggest box office disaster ever.
Live by Night lost 2659 venues in its third weekend (94% of its total last week), for the biggest theatre drop of all time.
My guess is that the weekend was down somewhere between 85-90%, and last weekend was pretty low to start with.
WB doesnt bother with estimates when films hit those sub $1M weekends. Fantastic Beasts isnt listed either. We will get numbers for both tomorrow with the weekend actual report.
"I owe my soul to the company store"