×
You will be redirected back to your article in seconds

ContentFilm sees less red

Bulk of group's revenue from 'Alone,' 'Undertow'

LONDON — London- and New York-based producer and distributor ContentFilm cut losses by 41% to £1.32 million ($2.56 million) for the six months to September.

Sales more than quadrupled during the period to $9.29 million as the company consolidated its operations after completing its merger last March with publicly quoted British outfit Winchester Entertainment.

Staff numbers have been cut, particularly in finance, marketing and administration. Three London offices have been combined into one, and one of the company’s two Los Angeles offices has closed.

Moves produced annualized cost savings of more than $1.9 million in the six-month period and a further $1.2 million since the end of September.

The bulk of the group’s revenue came from two films, “Never Die Alone” and “Undertow.” Content also went into production with “The King,” starring Gael Garcia Bernal.

During that time, Content entered a production and financing deal with new film fund Entertainment Investor. The first two projects under that alliance will be “Thank You for Smoking” and “Queen Lara.”

It has also announced a co-production deal with U.S. DVD distrib Image Entertainment.

More Film

  • Tim Roth, Thierry Fremaux and Gaspar

    Tim Roth, Gaspar Noe Join Thierry Fremaux at Cannes Festival Cinema Week

    BUENOS AIRES — Kicking off with the Cannes Festival’s Palme d’Or winner, Hirokazu Kor-eda’s “Shoplifters,” and framing  multiple Cannes winners, the 10th Cannes Festival Cinema Week will feature a masterclass by Tim Roth, before a projection of “Reservoir Dogs,” and a presentation by Gaspar Noé of his Directors’ Fortnight hit “Climax.” Curated and M.C-ed by [...]

  • 'El Negro,' 'Continente,' 'Mussolini' Ventana Sur

    Ventana Sur: 'El Negro,' 'Continente,' 'Mussolini' at Filmar – Doc Factory Pitching Sessions

    Mauricio Fernando Minotti’s “El Negro,” Alejo Franzetti’s “El último continente” and Toia Bonino’s “Mussolini mi ha detto” figure among the 18 feature documentary projects selected for pitching at Ventana Sur’s Filmar – Doc Factory section. The event marks the final stage of Argentina’s INCAA Film Institute’s Incubadora, a six-month work process to develop documentary projects [...]

  • FilmSharks Snags International Rights To 'The

    FilmSharks Snags International Rights To 'The Adopters' (EXCLUSIVE)

    Argentine sales agency FilmSharks Intl. has inked international rights to “The Adopters,” a comedy production from Tomás Lipgot’s Buenos Aires-based Duermevela, Pablo Ingercher’s Oh My Gómez Films and Patricio Rabuffetti-founded Non Stop. A same-sex romantic comedy, “The Adopters” marks the second solo directorial effort of Argentine Daniel Gimelberg, who debuted with “Before” and co-directed “Hotel [...]

  • Korea Box Office Weekend: ‘Default’ Wins

    Korea Box Office: ‘Default’ Wins Again, ‘Nutcracker,’ 'Mortal Engines' Fail to Excite

    Korean-made financial drama, “Default” remained on top of the South Korean box office for the second consecutive weekend. The CJ Entertainment release earned $4.95 million from 631,200 admissions between Friday and Sunday for a total of $19.9 million after two weekends on release. “Bohemian Rhapsody” also remained in second. The Fox release earned $4.79 million [...]

  • Ventana Sur: Meikincine Picks Up ‘Just

    Ventana Sur: Meikincine Takes ‘Just Love,’ ‘Super Crazy’(EXCLUSIVE)

    BUENOS AIRES — Lucia and Julia Meik’s Buenos Aires boutique sales company Meikincine has acquired international sales rights to two of the more mainstream Argentine propositions at this year’s Ventana Sur: Andy Caballero and Diego Corsini’s “Just Love,” and “Re Loca,” the Argentine remake of Chile’s “Sin Filtro.” The “Re Loca” deal is for world [...]

  • Priyanka Chopra Variety Power of Women

    Ivanhoe Pictures Boards Priyanka Chopra’s ‘The Sky is Pink’

    “Crazy Rich Asians” producer Ivanhoe Pictures has come on board Priyanka Chopra’s family drama “The Sky Is Pink.” Ivanhoe will co-invest and co-produce. Fact-based, “Pink” is written and directed by top director Shonali Bose and is based on the life of motivational speaker Aisha Chaudhury. The film is Chopra’s first in India since her U.S. [...]

More From Our Brands

Access exclusive content