EuropaCorp Posts Record Losses of $135 Million

Read on: Variety

PARIS – Luc Besson’s EuropaCorp has posted record losses of 119.9 million euros ($135 million) during the fiscal year ending March 31, driven by a series of English-language flops and its costly U.S. distribution operations. The 17-year-old film studio released its financial results Wednesday, just weeks before the opening of its enormously expensive sci-fi thriller... Read more »