bombed in its global box office debut over the weekend,
grossing just $29 million in the U.S., well behind expectations.
Nor was its performance much better overseas, where it has earned $94.6 million to date, including a lackluster China launch of $28 million, for a global total of $123.6 million.
Dark Fate faces losses of $120 million-plus for partners Skydance Media, Paramount Pictures and 20th Century Fox, which each put up 30 percent of the $185 million budget (Disney, which now owns the Fox film studio, will absorb the loss), sources tell
The Hollywood Reporter. China's Tencent has a 10 percent stake.