Still, remember that the numbers from Japan *AND* the home video market has yet to be tallied.
I betting it makes the marketing budget on home video alone.
It won't be lucrative....but they aren't going to lose their shirt.
And the approach that *didn't* work for Narnia, could potentially work here. JC ran over budget in the first place...it was not planned to cost $250 million. So if a buzz is generated, and the audience is there, you could potentially make a sequel for half the original...and if you're faithful to the original story, you could ride the buzz to a more successful sequel.
I personally think it could work, but I'd say it's 50/50 as to whether the right people at Disney will agree with me.