Notícias

COLOGNE, Germany -- The slump in the German boxoffice, soft international sales and a weak euro cut into third-quarter sales and profits at German producer-distributor Constantin Film, the group announced Thursday. Constantin booked a net loss of €5.8 million ($6.8 million) in the three months ending Sept. 30 on sales of €34.4 million ($40.3 million). In the same period last year, the Munich-based company lost €7.4 million and generated €31.2 million in revenue. Constantin's strongest titles in the quarter included German animated feature Werner -- Gekotzt wird spater!, which brought in about €5.5 million ($6.4 million), and Francois Ozon's Swimming Pool, which generated €2.9 million ($3.4 million) in Germany. The company had no breakout hits in the period. Constantin said that because of the "poor overall economic situation," it expects to book a pretax loss for the full year of €8 million-€12 million ($9.4 million-$14.1 million) on sales of more than €100 million ($117.3 million). Constantin shares closed flat Thursday at €3.71 ($4.35).

COLOGNE, Germany -- The slump in the German boxoffice, soft international sales and a weak euro cut into third-quarter sales and profits at German producer-distributor Constantin Film, the group announced Thursday. Constantin booked a net loss of €5.8 million ($6.8 million) in the three months ending Sept. 30 on sales of €34.4 million ($40.3 million). In the same period last year, the Munich-based company lost €7.4 million and generated €31.2 million in revenue. Constantin's strongest titles in the quarter included German animated feature Werner -- Gekotzt wird spater!, which brought in about €5.5 million ($6.4 million), and Francois Ozon's Swimming Pool, which generated €2.9 million ($3.4 million) in Germany. The company had no breakout hits in the period. Constantin said that because of the "poor overall economic situation," it expects to book a pretax loss for the full year of €8 million-€12 million ($9.4 million-$14.1 million) on sales of more than €100 million ($117.3 million). Constantin shares closed flat Thursday at €3.71 ($4.35).

COLOGNE, Germany -- Achterbahn, the German production house behind the cult Werner animated films, filed for insolvency protection Wednesday, joining a long list of German market-listed media firms that have gone bust in recent months. The company, based in the northern German city Kiel, faced a cash crunch after the lackluster performance of Werner III, which took in around €14 million ($13.7 million) -- €10 million less than its either of its predecessors -- and live-action comedy Wie die Karnickel (Like Rabbits), which flopped, earning just €1.6 million ($1.57 million).