'Terminator: Dark Fate' Faces $120M-Plus Loss | THR News - video Dailymotion

The film bombed in its U.S. debut over the weekend with $29 million.

Transcript

00:00My name is Sarah Connor. I've never seen one like you before. Almost human.

00:07Dark Fate self-destructed at the box office this weekend, bombing with a U.S. haul of just $29 million,

00:14well behind expectations. And its performance wasn't much better overseas either, where it has earned $94.6 million to date,

00:21including a lackluster China launch of $28 million, for a global total of $123.6 million.

00:27Why do you care what happens to her?

00:29Because I was her.

00:33Sources tell The Hollywood Reporter that Dark Fate faces losses of $120 million or more,

00:38for partners Skydance Media, Paramount Pictures, and 20th Century Fox,

00:42which each put up 30% of the $185 million budget.

00:46Disney, which now owns the Fox film studio, will absorb the loss.

00:49China's Tencent has a 10% stake.

00:51So it looks like the iconic Hollywood film franchise has been terminated, at least for the foreseeable future.

00:56I'll be back.

00:59Box office analysts say the movie's poor opening is a reflection of complete IP failure.

01:03And insiders at Paramount and Skydance don't disagree.

01:06Expert Eric Handler of MKM Partners says it is time to let this franchise finally go to the great beyond.

01:11And Jeff Bach of Exhibitor Relations adds,

01:14this is definitely the end of the line for the Terminator franchise and its current iteration.

01:18None of the companies involved would comment on the losses,

01:20but sources close to Skydance say there are certainly no plans for another film at this point.

01:25For the latest box office numbers, head to THR.com.

01:28Until next time, for The Hollywood Reporter News, I'm Tiffany Taylor.