By Peter Sciretta/Jan. 28, 2009 8:48 pm EST

The two studios will split production and P&A costs, which are expected to cost around $140 million, about $60 million less than Prince Caspian. The last film had the tenth biggest box office gross of 2008 with over $419 million worldwide, but barely eeked out a profit theatrically (P&A and exhibition feeds account for more than half the gross, and the film cost over $200 million to produce)