Disney predicts Lone Ranger losses of up to $190m Entertainment giant Walt Disney has predicted it will lose between $160 million (£104.5m) and $190m on box-office flop The Lone Ranger. The group made the gloomy forecast after reporting largely flat profits of $1.85 billion for its third quarter. The Lone Ranger, starring Johnny Depp, opens in the UK on Friday. With a reported budget of about $225m, the film has suffered a poor showing in the US on the back of negative reviews. Revenues at Disney's film studio division fell 2 per cent to $1.6bn in the three months to 29 June, which the group blamed on marketing costs for The Lone Ranger and the slower performance of Iron Man 3 compared with The Avengers a year earlier. At its theme parks business, operating income rose 9 per cent to $689m as more people visited its attractions in California and Florida.