Walt Disney’s John Carter a major flop

Walt Disney expects to lose 200 million dollars on its movie John Carter, making it one of the biggest flops in cinema history.

The film, about a military captain transported to Mars, could result in an 80 to 120 million dollar loss for Disney's movie business during the current quarter. 

The firm is still likely to make a substantial quarterly profit, though, thanks to its TV businesses. 

It is estimated that John Carter cost 250 million dollars to make and it is likely that Disney spent another 100 million dollars on marketing.