Revenue more than doubles
LONDON — ContentFilm, the London-based film and TV sales and distribution group, has reported a pre-tax profit of £1.4 million ($2.6 million) for the six months to Sep. 30, against a loss of $1.9 million in the same period last year.
Revenues more than doubled to $20.2 million from $9.5 million.
“These strong interim results reflect the continued success of our strategy,” said non-exec chairman Alton Irby.
“Fireworks Intl., our TV library and sales division, has had a stellar first half in terms of cashflow and earnings. ContentFilm Intl., our film sales division, has had a positive first half and its profile and strength continue to grow.”
“Our new U.S. DVD operation, Allumination FilmWorks, has contributed profits over the last two months of the half year in line with our expectations,” he added.
Fireworks notched strong sales of its two new series, “Whistler” and “The Jane Show,” at last month’s Mipcom.
ContentFilm Intl. returned from this month’s American Film Market with several new pre-sales on Richard Attenborough’s “Closing the Ring” and its new horror pic “Outpost,” as well as a worldwide distribution deal with MGM for “The Flying Scotsman.”