Ya, no. Movies budget is massive and the reviews are terrible. Might not be the absolute flop like Cats that some are expecting, but its not looking to be much better it seems. Between Nintendo and Dreamworks properties, plus any new Potter stuff they certainly have their hands full with IPs at the moment. Not a bad problem to have.
But who knows, we could all be wrong and this turns into one of the highest grossing films of the year. I would not get my hopes up however.