Poseidon is a 2006 American action disaster film directed and co-produced by Wolfgang Petersen. It is the third film adaptation of Paul Gallico's 1969 novel The Poseidon Adventure, and a loose remake of the 1972 film. It stars Kurt Russell, Josh Lucas and Richard Dreyfuss with Emmy Rossum, Jacinda Barrett, Mike Vogel, Mía Maestro, Jimmy Bennett and Andre Braugher in supporting roles. It was produced and distributed by Warner Bros. in association with Virtual Studios. It had a simultaneous release in IMAX format. It was released on May 12, 2006, and it was criticized for its script but was praised for its visuals and was nominated at the 79th Academy Awards for Best Visual Effects. It grossed $181.7 million worldwide on a budget of $160 million; however, after the costs of promotion and distribution, Warner Bros. lost $70–80 million on the film, making it a box-office bomb as a result.