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Loonland finds European success

COLOGNE — Kidvidder TV-Loonland has reported a 9% rise in profits to 9 million Euros ($8 million) on revenues of $68 million, up 5%.

A damper on revenues came from the delayed establishment of a fund planned for fall to finance additional productions, the company said.

While its Korean and Latin American markets showed weak growth, TV-Loonland said it was able to compensate for that performance with greater growth in Germany.

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