Comment Ketchup Entertainment (Score 1) 70
Ketchup bought the distribution rights from WB for around $50M. I suspect most of the $100M goes to the box office and actors, I'm not sure what percentage WB gets. Likely not much given the large up front payout. That puts WB around $20M in the red on this film (they probably spend around $70-80M making it).
I would define what went down as a major cock up for WB. And no matter how well the film does they will have trouble doing much better than breaking even.