Walt Disney Co.'s Chief Financial Officer (CFO) has reportedly said that the company is expected to lose a lot of money on summer box office bomb 'Lone Ranger'.
According to Fox News, CFO Jay Rasulo said that the action flick starring Johnny Depp which failed to at the box office could get the company in losses close to 190 million dollars.
Meanwhile, Disney's Chief Executive Bob Iger also said that the company's ESPN sports network saw no impact in its advertising sales during the 'upfront' selling season from the coming debut of rival network Fox Sports, the report added.
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