Every Fox Movie That Has Bombed Under Disney (And How Much They Lost)

2. Underwater ($50 Million Loss)

Underwater movie kristen stewart
20th Century Fox

Production Budget: $65 million | Worldwide Gross: $39 million

Another movie at the tail-end of its theatrical run, Underwater was unfortunate enough to be dumped in January with absolutely no buzz surrounding it.

And sure enough, that affected its box-office results, with its $7 million opening weekend hardly setting the movie world on fire. Even worse, it sank like a rock after that disappointing debut, and is currently sat at just $39 million worldwide against a $65 million budget.

Interestingly, the fate of Underwater is almost exactly the same thing that happened to The Kid Who Would Be King last year, even right down to the financial details.

Both were produced by Fox, both came out in January with next to no buzz, both had similar production budgets ($65 million/$59 million), and both absolutely tanked at the box-office: The Kid Who Would Be King made just $28 million in total, and according to insiders for Variety, it lost somewhere close to $50 million for its studio.

While the two movies likely had different marketing spends (The Kid Who Would Be King, being a family movie, had to reach a wider audience, and so probably cost more to advertise), the numbers are similar enough that Underwater could've also ended up being a $50 million loss.

Hell, even if it's $10 million less than that, there's still not much to be happy about if you're Disney or Fox.

Contributor
Contributor

Danny has been with WhatCulture for over ten years, and is currently Doctor Who Editor and WhoCulture Channel Manager, overseeing all of WhatCulture's Whoniverse coverage. In 2022, he took charge of WhoCulture and has grown it into the biggest Doctor Who channel on YouTube, and one of the biggest Doctor Who communities on the web full-stop. He has been writing and video editing since his early teens, and first got a taste for content creation after making his own Doctor Who trailers, off the back of a burning obsession with the Matt Smith era of the show. Like many his age, he first got into Doctor Who with the 2005 revival, but has since gone back and fallen in love with the classic years too. If you need someone to recite every Doctor Who episode in order, or to give you a random factoid about the making of Gridlock, Danny is the person to ask!