'Dark Phoenix' could lose as much as £98 million

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Website BoxOfficeMojo called it "the worst reviewed film in the X-men franchise ever".

X-Men: Dark Phoenix is projected to lose $100 million for Disney owned 20th Century Fox.

After back-to-back triumphs, the series was arguably due for a disappointment - and it arrived in a big way with 2016's X-Men: Apocalypse. "I love Dazzler. And also, if you remember the Dark Phoenix storyline, she's obviously a part of the Dark Phoenix Saga as told in the original comic", he told CBR.

Longtime X-Men producer Lauren Shuler Donner takes to Twitter to react to the release of X-Men: Dark Phoenix but deletes the tweet. Deadline reports that the film cost Fox an estimated $350 million, including a round of expensive reshoots, and advertising expenses.

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This weekend saw two new wide releases taking the two top spots at the domestic box office, yet they still managed to disappoint when comparing their performances to previous installments.

Directed by Simon Kinberg, Dark Phoenix received a B- CinemaScore and stars James McAvoy, Michael Fassbender, Jennifer Lawrence, Nicholas Hoult, Sophie Turner, Tye Sheridan, Alexandra Shipp, Kodi Smit-McPhee, Evan Peters, and Jessica Chastain.

Even with the dismal showing in the USA, the worldwide take rings in around $97 million and at a price tag of $80 million in production costs, Pets 2 shouldn't be a financial bust in the long run.

Paul Dergarabedian, the senior media analyst for Comscore noted even with the lackluster North American debut and reception, that internationally Dark Phoenix was No. 1 with 107 million dollars from 53 territories including China. Dark Phoenix is expected to be Fox's final X-Men film featuring the core X-Men cast in the cinematic universe launched by director Bryan Singer in 2000 with the Disney-Fox merger now complete. Instead, it opened to $33 million, making it the first film in the franchise to not debut at number one. And that's reflected in the film's opening weekend box office results.