Netflix has unveiled a dreadful remake of an Oscar-winning film that lost $100 million

Netflix has unveiled a dreadful remake of an Oscar-winning film that lost $100 million ...

Countless classic films have been reimagined over the years, but there aren't many that have the same degree of conflict as 2004's Around the World in 80 Days.

At the box office, Jule Verne's original 1956 adaptation cost the film $22 million, equivalent to $465 million when adjusted for inflation. In addition, the film was nominated for eight Academy Awards, including Best Picture.

With Around the World in 80 Days achieving only $72 million in ticket sales, gaining a pair of nominations at the Razzies, and losing up to $100 million when expenses, marketing, and distribution were all factored in.

For reasons unknown, taking an anachronistic approach to the source material for cutting-edge visual effects and increased performance was a decent enough spin on a well-told story, but critics and viewers criticized the final product. That's entirely fair, because it sucked hard.

Around the World in 80 Days, a streaming service known for its most-watched list, has taken to the skies, putting fresh wind in the sails of a horrific financial catastrophe that threatened to ruin the reputation of its legendary Oscar-winning predecessor.