Except the music industry doesn't put 200-400 million into producing, marketing, and releasing an album. This was Universal's widest release in number of screens ever.
Which is half of what they were expecting. 7 other films had a bigger opening this year, with Star Wars and Harry Potter doing twice the business. It was expected to do LotR type numbers, and its not even close.
You have to realize, they have to do 300 million+ just to break even. The budget was 200+, but throw in marketing and everything else that goes with the release, its over 300 million.