Warner Bros. Faces Massive Losses After 'One Battle After Another' Box Office Bomb

Paul Thomas Anderson's film bombed in its opening days, despite receiving rave reviews from critics.

As Variety reports, citing industry experts' calculations, Warner Bros. is facing potential losses of at least $100 million on the film—a serious blow for the studio. The problem isn't just the underwhelming box office numbers. typically gets a percentage of ticket sales from day one, not after the film breaks even.
A scene from 'One Battle After Another'
DiCaprio's 'One Battle After Another' deemed a box office disaster
Source: imdb
Despite the losses, the studio plans to spend millions more on an awards campaign, betting the film will rack up major prizes. Worth noting: with a $130 million budget, DiCaprio's latest has pulled in $141 million worldwide, according to Box Office Mojo stats.