Highlight’s revs up 72%

Constantin's loss pulls down group's net profit in 2003

COLOGNE — In the first year of consolidation of its stake in film producer Constantin, Swiss media group Highlight Communications boosted revenues by 72% to 283 million Swiss francs ($193 million) in 2003, but profits dropped.

Constantin reported a loss of $11.8 million last year, pulling down Highlight’s net profit to $6.9 million from $11.6 million in 2003.

Highlight, whose core activities are home entertainment and sports marketing, has gradually increased its holdings in Constantin to 58%. It is now the largest film licensing and production group in the German-lingo territories, with film assets of $180 million.

Highlight noted that it expects all its core activities, including film licensing and production, to be in the black this year.

More Biz

  • Kevin Durant LeBron James

    Kevin Durant Praises LeBron James' Lakers Move

    COLOGNE — In the first year of consolidation of its stake in film producer Constantin, Swiss media group Highlight Communications boosted revenues by 72% to 283 million Swiss francs ($193 million) in 2003, but profits dropped. Constantin reported a loss of $11.8 million last year, pulling down Highlight’s net profit to $6.9 million from $11.6 […]

  • Kevin Durant Rich Kleiman

    Kevin Durant Shares His Media Biz Playbook at Variety Sports & Entertainment Breakfast

    COLOGNE — In the first year of consolidation of its stake in film producer Constantin, Swiss media group Highlight Communications boosted revenues by 72% to 283 million Swiss francs ($193 million) in 2003, but profits dropped. Constantin reported a loss of $11.8 million last year, pulling down Highlight’s net profit to $6.9 million from $11.6 […]

  • David-Zaslav-Discovery Sun Valley Conference

    A Look at Key Trends Facing Media and Tech Companies Ahead of Q2 Earnings

    COLOGNE — In the first year of consolidation of its stake in film producer Constantin, Swiss media group Highlight Communications boosted revenues by 72% to 283 million Swiss francs ($193 million) in 2003, but profits dropped. Constantin reported a loss of $11.8 million last year, pulling down Highlight’s net profit to $6.9 million from $11.6 […]

  • Spotify logo is presented on a

    Spotify Launches Feature to Help Artists, Labels Submit Music to Playlists

    COLOGNE — In the first year of consolidation of its stake in film producer Constantin, Swiss media group Highlight Communications boosted revenues by 72% to 283 million Swiss francs ($193 million) in 2003, but profits dropped. Constantin reported a loss of $11.8 million last year, pulling down Highlight’s net profit to $6.9 million from $11.6 […]

  • Comcast

    Comcast Drops Out of Bidding War With Disney for 21st Century Fox Assets to Focus on Sky

    COLOGNE — In the first year of consolidation of its stake in film producer Constantin, Swiss media group Highlight Communications boosted revenues by 72% to 283 million Swiss francs ($193 million) in 2003, but profits dropped. Constantin reported a loss of $11.8 million last year, pulling down Highlight’s net profit to $6.9 million from $11.6 […]

More From Our Brands

Access exclusive content