The science-fiction sequel, Tron: Ares, is on track to become one of The Walt Disney Company’s most devastating box office failures in recent memory. Financial analysts and industry sources estimate that the film, starring Jared Leto, is set to lose the studio upwards of $132 million after its theatrical run. This staggering projected loss confirms the highly-anticipated return to the Grid has resulted in a massive commercial and critical failure.
Reports indicate the net production budget for the third film in the 43-year-old franchise was closer to $220 million, significantly higher than earlier floating estimates of $180 million. The inflated cost combined with a disappointing box office haul sealed the film’s fate early on. Despite strong visuals, the film was largely unable to connect with audiences globally, quickly earning the infamous designation of a certified Tron Ares Box Office Flop.
Tron: Ares continues Disney’s recent struggles with high-budget sci-fi properties, following films like Tomorrowland and John Carter. Director Joachim Rønning’s attempt to reboot the cult series failed to meet expectations, delivering a lackluster performance that fell well below industry predictions. The franchise has historically been a challenging one for Disney, but this particular disaster has now raised serious questions about its future.
The considerable financial hit underscores the immense risk involved in reviving non-guaranteed intellectual property, especially at these high production costs. With such a massive projected loss, the fallout from the Tron Ares Box Office Flop is certain to spark an internal review on the studio’s costly blockbuster strategy moving forward.
