Cats is losing big time at the box office. The Tom Hooper adaptation of Andrew Lloyd Weber’s musical could lose up to $100 million if it doesn’t make at least that worldwide.
Cats production budget topped $90 million in addition to P&A costs that could increase the budget to $225 million.
Trouble began when the first trailer was released and increased when critics began giving the film negative reviews, then Universal rushed to get a new version of the film into theaters after an error was detected, this hurt the film’s opening weekend with Cats only hitting $6.5 million while rival film Little Women brought in $29 million.
Even though Universal has removed Cats from its Oscar “for your consideration” page, Hooper is sticking by the film, calling it “a great film to see in theaters.”