You will be redirected back to your article in seconds

Oz’s Becker laments losses

Topper: 'The worst is over'

SYDNEY — “The worst is over,” Becker Group managing director Richard Becker said Friday as he closed the books on a forgettable fiscal year for the Australian film and TV production/distribution banner.

Becker contends the company is in a stronger position after directors wrote down by $A4.87 million ($2.9 million) the values of some U.S. and Australian films, and made provision for losses in Asia.

Becker swears he never wants to buy another horror film after experiencing B.O. flops with “Mimic” and “An American Werewolf in Paris,” and he maintains he’s still puzzled by the failure here of “Primary Colors.”

In the year to June 30, the Becker Group recorded an operating loss after tax of $2.3 million, blamed partly on the decline of Asian sales and a general softening of the international market for film and TV product. Annual sales revenues rose fractionally to $23.6 million.

Refocusing on its Australian TV production business, Becker has ramped up its output of gameshows, docus, children’s and sports programs.

Oz's Becker laments losses

More Film

  • Patrick Stewart

    Variety to Honor Patrick Stewart at Hamptons Film Festival

    SYDNEY — “The worst is over,” Becker Group managing director Richard Becker said Friday as he closed the books on a forgettable fiscal year for the Australian film and TV production/distribution banner. Becker contends the company is in a stronger position after directors wrote down by $A4.87 million ($2.9 million) the values of some U.S. […]

  • Patrick Stewart U.S. citizenship

    Savannah Film Festival to Honor Patrick Stewart, Salma Hayek and John Boyega

    SYDNEY — “The worst is over,” Becker Group managing director Richard Becker said Friday as he closed the books on a forgettable fiscal year for the Australian film and TV production/distribution banner. Becker contends the company is in a stronger position after directors wrote down by $A4.87 million ($2.9 million) the values of some U.S. […]

  • Kung Fu Panda 3

    Oriental DreamWorks Unveils Five Projects, Promotes Peilin Chou

    SYDNEY — “The worst is over,” Becker Group managing director Richard Becker said Friday as he closed the books on a forgettable fiscal year for the Australian film and TV production/distribution banner. Becker contends the company is in a stronger position after directors wrote down by $A4.87 million ($2.9 million) the values of some U.S. […]

  • Phil Lord and Chris Miller

    Phil Lord, Chris Miller to Direct ‘Martian’ Author Andy Weir’s ‘Artemis’

    SYDNEY — “The worst is over,” Becker Group managing director Richard Becker said Friday as he closed the books on a forgettable fiscal year for the Australian film and TV production/distribution banner. Becker contends the company is in a stronger position after directors wrote down by $A4.87 million ($2.9 million) the values of some U.S. […]

  • Leonardo DiCaprio to Play Teddy Roosevelt

    Leonardo DiCaprio to Play Theodore Roosevelt in Martin Scorsese-Directed Biopic

    SYDNEY — “The worst is over,” Becker Group managing director Richard Becker said Friday as he closed the books on a forgettable fiscal year for the Australian film and TV production/distribution banner. Becker contends the company is in a stronger position after directors wrote down by $A4.87 million ($2.9 million) the values of some U.S. […]

  • Sony Pictures logo

    Sony Executives Eric Fineman, Dan Kagan Leaving Studio (EXCLUSIVE)

    SYDNEY — “The worst is over,” Becker Group managing director Richard Becker said Friday as he closed the books on a forgettable fiscal year for the Australian film and TV production/distribution banner. Becker contends the company is in a stronger position after directors wrote down by $A4.87 million ($2.9 million) the values of some U.S. […]

More From Our Brands