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Luc Besson's embattled EuropaCorp posts $101m loss

Luc Besson's embattled EuropaCorp posts $101m loss

Radical restructuring plan has yet to stem losses as content pipeline runs dry.

French filmmaker and producer Luc Besson’s embattled film company EuropaCorp has posted a $101m (€88.9m) loss for the first half of the 2018-19 financial year, as it struggles to bring debts worth some $280m (€236m) under control.

The results come on the back of a turbulent three weeks for the company and its founder, after French media reported a fresh round of sexual misconduct accusations against Besson, following those of Belgian actress Sand Van Roy, who filed a police complaint against the filmmaker in May. Besson denies all allegations.

See full article on ScreenDaily