Universal made a big investment in “Dolittle,” but the adventure comedy is going bust at the box office with a 4-day domestic opening weekend of $30 million and a global opening launch of $50 million. Based on a reported production budget of $175 million, multiple film finance experts tell TheWrap that they currently project a loss of $100 million for the project starring Robert Downey Jr. in his first film appearance since “Avengers: Endgame.”
That would be an even bigger loss than Universal’s other flop from December, “Cats,” which became joke fodder for online film circles, but at least had a smaller budget of around $90-95 million, which kept its financial loss estimates at around $70 million.