TREASURE PLANET

Budget: $140 million Financed by: Disney
Domestic Gross: $38,176,783 Domestic Distributor: Disney
Overseas Gross: $71,401,332 Director: Ron Clements & John Musker

treasure planet box officeDisney had been in the process of gutting its Feature Animation studio in Burbank, slashing animators salaries and laying off dozens, as the mouse house wanted to focus on computer animated fare.  At the end of 2002, Disney closed down the Burbank studio after animators completed what would be the box office flop Home On The Range.  The remaining traditional animated fare was moved to Florida for cheaper costs.  Treasure Planet cost Disney $140 million in production expenses and tens of millions more to market.  Disney opened the pic over the Thanksgiving frame, to a market saturated with family fare and booked Treasure Planet into 3,227 theaters and it pulled in a dead on arrival $12,083,248 — placing #4 for the weekend behind Harry Potter And The Chamber Of Secrets and even behind Disney’s The Santa Clause 2 in its 5th week in release.  Treasure Planet also opened against and barely beat out the animated Adam Sandler dud Eight Crazy Nights.  Showing terrible legs at the box office, Treasure Planet fell 54.1% the following weekend to $5,547,431 and its domestic run closed with $38,176,783.  The overseas run was also a disappointment, with numbers from France being the only respectable ones at $16.8 million.  The overseas total was $71.4 million and Treasure Planet ended as a $74 million write down for Disney.