Why the live-action 'Dumbo' failed at the box office

• "Dumbo" is a live-action remake of the 1941 animated classic.
• The movie has made $119 million since opening Friday.
• With a budget of $170 million, the film has fallen short of expectations.
• The dark story and poor reviews may have contributed to its low box office numbers.

Disney's "Dumbo" fell short in its debut at the box office.

The live-action reimagining from director Tim Burton opened to an estimated $45 million domestically over the weekend, less than the $50 million to $58 million much of the industry predicted it would bring in. With another $71 million overseas, the roughly $119 million weekend total didn't meet the $170 million budget the movie had (not including marketing) to bring the CGI baby elephant to life.

The movie's dark tone and poor reviews may have contributed to its soft opening, but Disney isn't concerned yet.

According to The Hollywood Reporter, Disney distribution chief Cathleen Taff said,"We're very encouraged. We are the middle of rolling spring breaks and we think 'Dumbo' is a good option for families."

Here's what went wrong with "Dumbo's" debut.