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The critically destroyedCatshas been pulled by Universal from the Oscars Race. It is also expected to be a financial disaster for the studio.
Universal Studios officially pulled the movie from its ‘For Your Consideration’ page. This officially removesCatsfrom being considered for any awards at the Academy.
On the other hand,Catsdid, however, receive a Golden Globe nomination in the Best Original Song category. The nomination was for the song ‘Beautiful Ghosts’, written by Taylor Swift and the original creator of the musical, Andrew Lloyd Weber.
AfterCatsreceived a 17% on Rotten Tomatoes and was destroyed by critics across the country,Catsmade only $6.9 million in its opening weekend. The film has a production budget of $95 million according toBoxOfficeMojoand with the added marketing costs probably puts the film’s total cost somewhere between $150-175 million.
For a film to be successful it usually needs to make somewhere north of 30% of its production budget, otherwise, the film may not break even, let alone make a profit.
The film is now forecasting to be at least a $100 million loss for the studio. All of this comes after Tom Hooper, the director of Cats, pushed out a visual effects updated version of the film into theatres one week after its worldwide release.
Also read:REVIEW: ‘Cats’ Makes You Want To Claw Your Eyes Out
According to reports, there were several actors who did not have finished effects, so they noticeably looked like humans instead of cats.
The nominations for the Oscars will be announced on January 13 and the actual ceremony takes place on February 9.
Josh Collins
Articles Published :40
I am a bit of a film and video game fanatic. My interests include Star Wars, DC Comics, and action-adventure video games.I am a bit of a canon junkie when it comes to both Star Wars Legend and Disney canon. I love the Prequels and the Original Trilogy, while also sort of enjoying the Sequel Trilogy. I work freelance in television and film production after graduating from college in 2019. #ReleasetheSnyderCut
