Disney Loses $170 Million from Live Action Snow White

Snow White Officially Becomes a $170M Disaster for Disney

According to new financial reports from early 2026, Disney’s live-action Snow White remake has officially become a “poison apple” for the studio’s bottom line, netting an estimated $170 million loss. Recent filings first highlighted by Forbes reveal that production costs ballooned to a staggering $336.5 million, driven up by a series of on-set setbacks—including a major fire at Pinewood Studios—and extensive reshoots. Despite a decade of development and high-profile casting, the film’s $205.7 million global box office return wasn’t enough to pull the project out of the red.

Related – Snow White Opening Weekend Below Expectations Compared to Other Disney Live-Actions

This financial transparency was made possible only because the film was produced in the United Kingdom. While the UK offers a generous 25.5% tax reimbursement to attract major studios, the incentive comes with strict transparency requirements. To qualify, Disney had to establish a dedicated UK subsidiary, Hidden Heart Productions, to manage the project. Unlike in the United States, where production costs are typically kept under lock and key, UK law mandates that these subsidiaries file detailed public financial statements—effectively pulling back the curtain on Disney’s massive expenditures.

Forbes contributor Caroline Reid, who first broke news of the film’s soaring costs in the Daily Mail, notes that Disney had already burned through $183.3 million before the cameras even stopped rolling in 2022. According to Reid, the latest financial filings—covering the period up to December 31, 2024—provide an almost definitive look at the total investment, as they were submitted just months before the film’s 2025 debut.

The sheer scale of the $336.5 million price tag is unprecedented; Reid points out that Snow White was more expensive to produce than Rogue One: A Star Wars Story, Marvel’s Guardians of the Galaxy, and the 2017 live-action Beauty and the Beast—a film that grossed a massive $1.3 billion. Even with a substantial tax reimbursement from the UK government, the author argues that the subsidy simply couldn’t save the production from its own financial weight.

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