Disney's 'The Little Mermaid' remake sinks at the box office.

Box office analyst OMB Reviews has declared Disney's The Little Mermaid as "a massive flop for Disney" following the film's second weekend at the box office. The film's global gross sits at $326.7 million, with a production budget of $250 million, meaning the film is still in the red and is not expected to turn a profit anytime soon. OMB Reviews predicts the film will lose somewhere between $50 and $100 million, and could ultimately be one of the worst performing movies in Disney's history.