Disney’s 2025 live-action remake of Snow White reportedly lost approximately $170 million, according to filings highlighted by Forbes. The production cost an estimated $336.5 million, but box office returns fell far short of covering the expenses.

The movie was filmed in the United Kingdom, which offers substantial reimbursements for local productions but imposes strict reporting rules. To take advantage of the incentives, Disney established a U.K.-based subsidiary, Hidden Heart Productions, which required public disclosure of costs normally kept private for U.S. films.

Prior reports indicated that by mid-2022, Disney had already spent $183.3 million on the project even though principal photography had just concluded. Subsequent filings covering the year ending December 31, 2024, show total spending of $336.5 million. This exceeds the production costs of other high-profile Disney films, including Rogue One: A Star Wars Story, the Guardians of the Galaxy Marvel films, and the live-action Beauty and the Beast, which grossed $1.3 billion in 2017.

The U.K. government reimbursed $64.9 million (£52.3 million), reducing net expenses to $271.6 million. However, after accounting for typical theater revenue splits—where theaters retain roughly 50 percent of ticket sales—the studio recouped only about $102.9 million, leaving an estimated $168.7 million loss.

Industry analysts have described Snow White as one of the largest box office failures in dollar terms in recent history. Disney faced both production challenges and audience hesitation stemming from ongoing controversies surrounding the remake.

The financial setback highlights the risks of high-budget remakes, particularly when combined with international filming requirements and public scrutiny that can affect audience reception.