BEN-HUR Officially Biggest Flop of the Summer With $120 Million Loss
The Ghostbusters reboot can breathe a sigh of relief as it will not be remembered as the biggest flop of Summer 2016. That title belongs to the remake of Ben-Hur, which stands to lose as much as $120 million or more according to THR. We reported a couple weeks ago the film was off to a rocky start and things have not gotten better from there.
Beyond the people who complained about rehashing a beloved classic, the film was also critically panned, getting low scores almost universally.
The loss sees MGM (who partnered with Paramount) taking a huge loss on the film as they provided 80% of its budget.
Will this finally wake Hollywood up and tell them audiences don't want remakes of classic films? Probably not, but it should considering how this summer has gone for them.