Disney projects up to US$190m Lone Ranger loss

Walt Disney expects to lose between USUS$160 million and USUS$190 million on its expensive summer movie bomb The Lone Ranger, the media giant said on Tuesday as it reported a small gain in quarterly profit that beat Wall Street forecasts.

via Business feed http://www.scmp.com/business/companies/article/1294910/disney-projects-us190m-lone-ranger-loss