Movie math is incredibly confusing. Many, many factors go into what a movie costs beyond just its production , and how much money it makes goes well beyond just its box office . That’s why, while a film like Tron: Ares may have reportedly cost about $175 million to make, and it just crossed $100 million at the worldwide box office, the losses could be much more.

Deadline has a fascinating article about those numbers in regard to Disney’s latest release and the news is not good. According to the trade, while the film’s initial budget was in the $170-$180 million range, the number was actually closer to $220 million all in, and with the box office just having eeked past $100 million, the film is likely to lose about $132.7 million.

How does Deadline get to that number? Here’s the

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