John Carter set to lose £126m for Disney

Updated

Matt Sayles/AP/PA

Disney has announced that it expects to lose $200m (£126m) on its movie John Carter, making it one of the biggest flops in cinema history.

The film, directed by Andrew Stanton (pictured), is estimated to have cost about $250 million to produce, with a further $100 million spent on marketing, yet ticket sales stalled after a poor reception from critics.

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