Tom Cruise's Digger is on track to lose about $250 million, TheWrap reported Wednesday, citing people with knowledge of the film's finances. That figure counts the money the film will earn after theaters, such as streaming and home video. Earlier reports had put the loss near $125 million.

The film opened to $8 million in North America and $21 million worldwide. TheWrap said it is not expected to top $40 million worldwide by the end of its run. Variety projects about $4 million more in its second weekend.

Costs were steep. Several insiders told TheWrap the production budget was $173 million, while one put it at $163 million. Variety had pegged it above $160 million. Marketing added about $100 million. Warner Bros. paid for the whole film on its own, TheWrap said.

Alejandro González Iñárritu directed Digger. Cruise plays an oil magnate.

The loss lands as Warner Bros. changes hands. Variety reported Oct. 1 that film chiefs Michael De Luca and Pamela Abdy would not be part of new owner David Ellison's team as the Paramount merger closed. Dana Goldberg and Josh Greenstein will run both studios, with a goal of about 30 films a year.

Variety called Digger the last standalone Warner Bros. release before the merger. Another recent Warner Bros. film, The Bride!, is expected to lose about $100 million, Variety said.

Cruise has more work ahead. TheWrap said a sequel to Days of Thunder with Anne Hathaway is set to start production next year.

What we know: Digger opened to $21 million worldwide and is projected to lose about $250 million.

What we don't: How the final tally will settle once streaming and home video deals are counted.