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Disney’s ‘Snow White’ Faces $170M Loss; Top Sanctions Official John Hurley to Exit Treasury
Stock Market News· 2026-02-15 19:38
Disney's Financial Struggles - The Walt Disney Company reported a $170 million loss from its live-action Snow White remake, despite a global box office gross of $205.7 million [2][10] - The film's production budget reached $336.5 million, making it one of Disney's most expensive projects, influenced by extensive reshoots and a fire on set [10] - After accounting for $64.9 million in government tax reimbursements, the net production cost was $271.6 million, while the studio's share of box office revenue was estimated at $102.9 million, resulting in a significant financial deficit [3][10] Film Reception and Controversy - The film faced criticism and controversy during its development and release, with issues cited including CGI character designs and polarizing statements from the lead actress [4] - Snow White became the fifth-lowest grossing film among Disney's 21 live-action remakes, indicating a weak audience response [4]