Warner Bros. slashed the 'Beetlejuice Beetlejuice' budget by $50 million, fearing it would flop. It made $264 million in two weeks.

Warner Bros. slashed the 'Beetlejuice Beetlejuice' budget by $50 million, fearing it would flop. It made $264 million in two weeks.

Parisa Taghizadeh / Warner Bros.

Warner Bros. made director Tim Burton cut the budget for "Beetlejuice Beetlejuice" by almost $50 million in order for it to get a theatrical release, The New York Times reported.

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