L.A. Times Claudia Eller on the exceptionally bad ’06 that Warner Bros. has suffered through so far. The bombing of Poseidon, Lady in the Water, The Ant Bully and ATL “could lose more than $120 million combined for Warner and its financial partners,” Eller reports. And let’s not forget about the under-performing of Superman Returns. “The price of failure is high,” WB chief Alan Horn tells her. “It’s not just the financial cost. It’s reading about it in the newspaper.”