Universal Pictures faces at least $70 million loss from “Cats” debacle
by Anousha Sakoui, Los Angeles Times
Dec 31, 2019
2 minutes
LOS ANGELES - Comcast Corp.'s Universal Pictures is bracing to lose at least $70 million after its critically panned movie "Cats" bombed over the holidays, according to a person close to the project.
"Cats" has drawn just $38.3 million globally so far - including $17.8 million in the U.S. and Canada, according to Box
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