Universal Pictures Expected to Lose at Least $70M USD on 'Cats'

Universal Pictures is expected to lose at least $70 million USD on Cats, following a mocked trailer on social media, disappointing box office results and poor reviews from critics. After facing ridicule ccentered around specific visuals in the film upon its release, Universal Pictures and Oscar-winning director Tom Hooper even announced that their studio would be releasing a new version of the film with "improved visual effects." According to Box Office Mojo, Cats has brought in just $38.3 milli...