Two highly-publicized movies opened on December 20, and while Star Wars: The Rise of Skywalker has been met with divisive reactions, at least it’s doing quite well for itself financially, currently sitting at close to $725 million worldwide. Cats, on the other hand, has performed poorly both critically and commercially, and in the latte category, word’s come in that tens of millions of dollars could be lost because of this feline fiasco.
As things stand now, Cats, the adaptation of Andrew Lloyd Weber’s incredibly popular, same-named musical (which itself was inspired by T.S’ Elliot’s poetry collection Old Possum’s Book of Practical Cats), has only made a little over $38 million… worldwide. According to finance sources who spoke to Deadline, even if Cats manages to hit $100 million worldwide, i.e. $40 million domestically and $60 million internationally, it’ll still lose at least $71 million.
These numbers are based off the $90 million net production cost (the movie was shot on sound stages in London) and an estimated $115 million spent on prints and advertising. Deadline also noted that the total worldwide theatrical revenue, global free/pay TV and global home entertainment revenues (which includes streaming) will total around $155 million, and that the home entertainment costs and the global P&A add up to around $226 million. Universal Pictures did not comment on these numbers.
Alas, there were still VFX issues with the final cut of Cats, leading Universal to send updated prints to theaters after Cats had already started playing. With the poor reviews and terrible box office performance, it’s no wonder that Universal has removed Cats from its “For Your Awards Consideration” webpage. We’re getting plenty more movie musicals in the near future, such as Wicked and West Side Story, but Cats will go down in film history as one of the worst, resting comfortably in the litter box.
Be sure to read CinemaBlend’s review of Cats, and look through our 2020 release schedule to plan your trips to the theater next year accordingly.