1st-qtr. profit for IMG

Intl. Movie Group posted $ 32,271 (no earnings per share) in net income for the first fiscal quarter ended June 30.

For the same period last year, the company recorded a net loss of $ 259,484 (3 cents).

Revenues for the period nearly doubled to $ 2 million from $ 1.1 million.

The company reported that the increase in earnings was due to the completion of “Tattle Tale,” a movie co-financed by Canal Plus SA.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Biz News from Variety