Tom Cruise movie Digger may lose $245m as The Social Recknoning additionally struggles at field workplace

Tom Cruise’s newest movie Digger is anticipated to lose round $245m (£185m), Hollywood analysts have mentioned, after the movie’s persevering with poor efficiency in cinemas.

Ticket gross sales for the satirical black comedy, which stars Cruise as oil magnate Digger Rockwell, dropped by round 60% within the film’s second weekend.

It brings Digger’s whole field workplace takings to round $35m (£26m) globally to date. The movie is estimated to have value its studio Warner Bros round $280m (£211m) to make and market.

But Cruise said last week, external that he “by no means considered motion pictures when I’m making them [in terms of] opening weekend,” including he was as an alternative centered on making movies that “hopefully will translate, final and evolve”.

The movie’s takings relative to its price range imply it may grow to be one of many largest movie flops in Hollywood historical past.

Digger’s efficiency is in sharp distinction to the success of IP-driven hits starring Cruise lately, corresponding to new instalments of the Top Gun and Mission: Impossible franchises.

Digger is directed by Alejandro G Iñárritu, greatest recognized for movies corresponding to Birdman, Babel and The Revenant.

Hollywood commerce publication Variety mentioned Digger was anticipated to finish its field workplace run with round $50m (£38m) worldwide.

The movie would wish round $350m (£264m) to interrupt even, on account of its price range, advertising prices, the portion of ticket gross sales that go to theatres and the doubtless spend on an awards season marketing campaign.

However, a Warner Bros spokesman pushed again barely on the determine, telling Variety the movie’s break even level was $300m (£227m).

Digger was the final standalone launch for the studio before its recent takeover by Paramount.