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The John Carter source material was so old that I imagine the movie was championed by dinosaur executives who remembered loving it when they were kids. Their underlings were afraid to say no.
That probably isn’t how things went down, but it’s my head canon.
IIRC it was a passion property for Andrew Stanton, who was coming off of one of the most insanely good Pixar resumes in an era of amazing Pixar resumes.
Unfortunately, when something is old and influential, a modern audience is going to have seen things influenced by it for decades, and the original can sometimes become a kind of "inside baseball" that only appeals to the passion of people who are into the historical context of their fields.
Nobody is making millions off of Citizen Kane or Metropolis.