The Ant Bully
|Budget: $50 million||Financed by: Warner Bros; Legendary|
|Domestic Gross: $28,142,535||Domestic Distributor: Warner Bros|
|Overseas Gross: $27,038,594|
Directed by: John A. Davis
Produced by: Tom Hanks
Financed by Warner Bros and Legendary for $50 million, The Ant Bully was released to theaters amidst a saturated market of animated fare in theaters — Cars, Over the Hedge, Monster House (opened the previous weekend) and Barnyard would open the following weekend. After an expensive ad spend and a heavy IMAX push, Warner Bros opened the film in the US in 3,050 theaters to a poor start with $8,432,465 — placing #5 for the weekend led by Miami Vice. This was the third summer box office casualty for Warner Bros, which saw Lady In The Water open poorly the week prior and Poseidon bomb in May. Unsurprisingly, with the glut of animated features in release, The Ant Bully had weak legs and fell 53.8% in its second weekend to $3,892,443 and declined 51.9% in its third frame to $1,872,420. The film closed its run with a poor $28,142,535 and in IMAX’s financial report for investors, they blamed The Ant Bully’s poor performance as one of the reasons for their quarter net loss. Warner Bros released the film overseas where it flopped in every territory, bringing in just $27 million. A terrible $3.9 million from the UK posted the strongest overseas showing. The Ant Bully’s worldwide total was $55.1 million, leaving WB with about $30.3 million after theaters take their percentage of the gross, which would not cover even the P&A costs. US home video sales were a solid $35 million (less after resellers take their cut and manufacturing costs) which would pad the loss. Animation house DNA Productions closed down after The Ant Bully tanked. The $50 million toon was estimated to end as a $40 million loss after the pricey P&A spend.