Unsurprisingly, Amazon MGM Studios took a punt on Red One in cinemas as the biggest family Christmas blockbuster in years.

Sadly, though, the critically panned festive adventure bombed at the box office, grossing just $164 million to date on a budget of at least $200 million.

Dwayne Johnson stars as Callum Drift, head of North Pole security, whose job is to project Red One, aka JK Simmons’s Santa Claus.

But when Saint Nick is kidnapped, the E.L.F. (Extremely Large and Formidable) bodyguard…