Cats (2019) ranks as one of the biggest theatrical catastrophes in Universal's history due to its horrifying CGI fur technology. The $95 million budget yielded only $75 million in global ticket sales, causing a staggering $114 million loss for the studio. This financial disaster is even steeper than Dark Phoenix's $133 million deficit relative to costs: Cats hemorrhaged 1.5 times its production budget, whereas Dark Phoenix bled about 67% of its $200 million spend. No other 2019 musical film came close to such a collapse.
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