Warner Bros. film “Digger” flops with $20 million opening as Paramount‑Skydance completes $110 billion acquisition
Warner Bros. released Tom Cruise’s satire “Digger” to a weak opening, earning $20 million worldwide and $8 million in North America. The film’s production cost is reported at at least $125 million, with some estimates near $150 million, and marketing is expected to add about $100 million. The poor performance comes as Paramount‑Skydance finalizes its $110 billion acquisition of Warner Bros. Discovery, with the merger slated to close on Tuesday and mass layoffs anticipated.
Why it matters
The box‑office shortfall could translate into a $150 million‑plus loss for Warner Bros., which will be absorbed by the newly combined Paramount‑Skydance entity, potentially pressuring its post‑merger earnings. The acquisition closure and expected layoffs signal a restructuring that may affect Warner Bros. operations and cost base.
Key facts
- 1The film opened with a $20 million global box office. theguardian.com
- 2North American earnings were $8 million. theguardian.com
- 3Production costs are at least $125 million. thewrap.com
- 4Some reports peg the production budget closer to $150 million. theguardian.com
- 5Marketing spend is estimated at $100 million. theguardian.com
- 6The merger value is $110 billion, approved by a U.S. district court. theguardian.com
Open questions
- Production budget figures differ between $125 million (minimum) and $150 million (reported).
- Loss estimate is described as $150 million‑plus, without a precise amount.
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.