Sun casts shadow over Constantin

Falling ticket sales hits profits

BERLIN — Constantin Film said on Tuesday its operating profits were halved in the first quarter to Euros 1.8 million ($2.4 million) after a record year in 2006, even though Q1 revenue rose 15% to Euros 83 million ($112 million).

The German market leader, a subsidiary of Swiss media conglom Highlight Communications, blamed falling earnings on a 10% drop in cinema ticket sales in the first quarter after they had recovered strongly in 2006.

Constantin said the unusually warm winter weather and early arrival of spring this year — which enticed potential cinemagoers into the beer gardens and cafes instead — as well as a dearth of Hollywood blockbusters, had hit their bottom line.

More Film

  • 'The Guilty' Review: Lives On The

    Sundance Film Review: 'The Guilty'

    BERLIN — Constantin Film said on Tuesday its operating profits were halved in the first quarter to Euros 1.8 million ($2.4 million) after a record year in 2006, even though Q1 revenue rose 15% to Euros 83 million ($112 million). The German market leader, a subsidiary of Swiss media conglom Highlight Communications, blamed falling earnings […]

  • Steve Bersch Clint Culpepper

    Screen Gems Shake-Up: Clint Culpepper Steps Down, Steve Bersch Takes Over (EXCLUSIVE)

    BERLIN — Constantin Film said on Tuesday its operating profits were halved in the first quarter to Euros 1.8 million ($2.4 million) after a record year in 2006, even though Q1 revenue rose 15% to Euros 83 million ($112 million). The German market leader, a subsidiary of Swiss media conglom Highlight Communications, blamed falling earnings […]

  • Hearts Beat Loud Sundance

    Sundance: Sony Pictures Worldwide Nabs Foreign Rights to 'Hearts Beat Loud'

    BERLIN — Constantin Film said on Tuesday its operating profits were halved in the first quarter to Euros 1.8 million ($2.4 million) after a record year in 2006, even though Q1 revenue rose 15% to Euros 83 million ($112 million). The German market leader, a subsidiary of Swiss media conglom Highlight Communications, blamed falling earnings […]

  • American Animals

    Sundance 2018: Films, Stars & Cultural Moments Gain Early Buzz on Twitter

    BERLIN — Constantin Film said on Tuesday its operating profits were halved in the first quarter to Euros 1.8 million ($2.4 million) after a record year in 2006, even though Q1 revenue rose 15% to Euros 83 million ($112 million). The German market leader, a subsidiary of Swiss media conglom Highlight Communications, blamed falling earnings […]

  • Human Affairs

    Slamdance Kicks Off, Prepares to Debut Its Russo Brothers Fellowship

    BERLIN — Constantin Film said on Tuesday its operating profits were halved in the first quarter to Euros 1.8 million ($2.4 million) after a record year in 2006, even though Q1 revenue rose 15% to Euros 83 million ($112 million). The German market leader, a subsidiary of Swiss media conglom Highlight Communications, blamed falling earnings […]

  • PGA Honorees 2018

    PGA Honorees Sound Off on Risk, Reward and Storytelling

    BERLIN — Constantin Film said on Tuesday its operating profits were halved in the first quarter to Euros 1.8 million ($2.4 million) after a record year in 2006, even though Q1 revenue rose 15% to Euros 83 million ($112 million). The German market leader, a subsidiary of Swiss media conglom Highlight Communications, blamed falling earnings […]

More From Our Brands

Access exclusive content