Poseidon: $175 million budget?

Earlier reports placed the budget of Poseidon at about $140 million. But according to the new Entertainment Weekly, the actual cost is somewhere around $175.

Other facts and figures about the movie, according to EW:
The Poseidon Adventure cost about $5 million to make.
Poseidon's CGI ship surpassed the actual RMS Titantic by 218 feet

So will the studio recoup its investment? Probably, after all is said and done, when you consider the overseas take, and rental from DVD and video on demand.

By the way, reviewers aren't taking too kindly to Poseidon. It notched a 49 score on Metacritic, and a 32% rating on Rotten Tomatoes.

Jan Stuart, in Newsday, says: "Poseidon is a great leveler of humanity: It renders everyone in the picture eminently disposable and everyone in the audience equally bankrupt for bearing witness."