The Great Wall’s box office tanking has proven to have particularly dire effects – putting to risk the entire future of US-China co-productions.
The Hollywood Reporter believes the film will end up with losses exceeding $75 million; with its global earnings expected to peak at around $320 million globally, having earned a mere $34.8 million in North America.
The film’s $150 million production budget (which excludes, for example, marketing costs) was shared between Universal Pictures, Legendary Entertainment, China Film Group and Le Vision Pictures.
Universal is now hoping to recoup some of its losses through domestic and international home entertainment releases, alongside selling TV rights.