Oz’s Beyond posts anemic profits

Up only 1.4%

SYDNEY — Major Aussie film and TV producer-distribber Beyond on Tuesday reported a 1.4% increase in post-tax profits to A$1.7 million ($1.1 million) for the six months ended Dec. 31 on revenues of $24.8 million, up 21%.

The result was attributed to weaker than expected film sales and startup costs for an online division. The film division posted a $330,488 loss, while online lost $321,651.

More Biz

  • Sumner Redstone

    Sumner Redstone's Ex-Girlfriend Fights With Nurse For Access to Secret Tapes

    SYDNEY — Major Aussie film and TV producer-distribber Beyond on Tuesday reported a 1.4% increase in post-tax profits to A$1.7 million ($1.1 million) for the six months ended Dec. 31 on revenues of $24.8 million, up 21%. The result was attributed to weaker than expected film sales and startup costs for an online division. The […]

  • Disney-Fox Deal Sets Up Scramble for

    Disney-Fox Deal Unleashes Flood of Free-Agent Executives, Talent

    SYDNEY — Major Aussie film and TV producer-distribber Beyond on Tuesday reported a 1.4% increase in post-tax profits to A$1.7 million ($1.1 million) for the six months ended Dec. 31 on revenues of $24.8 million, up 21%. The result was attributed to weaker than expected film sales and startup costs for an online division. The […]

  • Paul Haggis Lawsuit

    Paul Haggis Hit With Lawsuit for Alleged Rape, Claims a $9 Million Shakedown

    SYDNEY — Major Aussie film and TV producer-distribber Beyond on Tuesday reported a 1.4% increase in post-tax profits to A$1.7 million ($1.1 million) for the six months ended Dec. 31 on revenues of $24.8 million, up 21%. The result was attributed to weaker than expected film sales and startup costs for an online division. The […]

  • Sirius Logo

    SiriusXM Hit With Big Rate Hike by Copyright Royalty Board

    SYDNEY — Major Aussie film and TV producer-distribber Beyond on Tuesday reported a 1.4% increase in post-tax profits to A$1.7 million ($1.1 million) for the six months ended Dec. 31 on revenues of $24.8 million, up 21%. The result was attributed to weaker than expected film sales and startup costs for an online division. The […]

  • Leonardo Da Vinci Salvator Mundi Auction

    How a Restored da Vinci Became the Most Expensive Artwork Ever

    SYDNEY — Major Aussie film and TV producer-distribber Beyond on Tuesday reported a 1.4% increase in post-tax profits to A$1.7 million ($1.1 million) for the six months ended Dec. 31 on revenues of $24.8 million, up 21%. The result was attributed to weaker than expected film sales and startup costs for an online division. The […]

More From Our Brands

Access exclusive content