'The King Speech' Helps Germany's Senator to Solid First Half
The Weinstein Company's Oscar-winning film starring Colin Firth sends profits and sales soaring at Berlin-based group.
BERLIN - The King's Speech corrected the bottom-line defect at German distributor Senator, which enjoyed a 15 per cent jump in revenue and nearly 80 per cent boost in profits in the first half thanks to the Oscar winner. Tom Hooper's royal period drama starring Colin Firth and Geoffrey Rush earned some $24 million at the German box office this year, enough to revive Senator's fortunes. The Berlin-based group booked $19 million (€13.1 million) in sales and $578,000 (€400,000) in net profits in the first half of 2011, a substantial improvement on last year.
STORY: 'The King's Speech' Reigns at Oscars
Senator had less luck with David O. Russell's double Oscar-winner The Fighter, which went down swinging in Germany, earning just $1.2 million theatrically. But with The King's Speech set to bow on DVD in September, Senator expects the riches will keep coming and is forecasting a boost in both sales and profits for the year.
Senator has a few U.S. titles remaining on its 2011 slate, including Drew Barrymore's directorial debut Derby Girl, starring Ellen Page and the sci-fi horror thriller Apollo 18. But the company is betting most heavily on European productions, including Swedish thriller Easy Money, the French romancer Beloved and Brit period rom-com Hysteria starring Hugh Dancy, Maggie Gyllenhaal and Rupert Everett.
THR's Daily Must Feeds
-
Beyonce: Pregnant with Second Child - Report
-
'Iron Man 3' Superhero Threequel Passes $1 Billion Mark
-
Michael C. Hall: 'Dexter' Season Eight Trailer
-
Shocking Season-Ending Twist On 'Scandal'
-
Justin Bieber Owes Money for Mally the Monkey Left in Germany
-
Saying Goodbye To 'The Office'
-
Sarah Polley Is (Mostly) Ready to Come Clean
-
How Critics Handled 'Star Trek' Into Darkness’s Bad-Guy Secret
In This Week's Magazine
- MOST SHARED
- MOST POPULAR
- 1
'Big Bang Theory': A Behind the Scenes Diary of the Sweet Season 6 Finale
- 2
Cannes Hit by Second High-Profile Burglary
- 3
'Big Bang Theory's' Kunal Nayyar, Kaley Cuoco on Raj's Big Moment
- 4
Box Office: 'Star Trek' Sequel Opens to $84.1 Million in U.S. for $164.6 Million Worldwide
- 5
'How I Met Your Mother' Makes Cristin Milioti a Series Regular
- 6
'Scandal' Case Study: Shonda Rhimes on Season 3, Olivia and Fitz's Future
- 7
'Grey's Anatomy's' Jessica Capshaw: 'Arizona Does Not Forgive Callie'
- 8
'Doctor Who' Returning for Season 8
- 9
'Saturday Night Live': Watch Bill Hader's Finest Sketches (Video)
- 10
'Star Trek's' Damon Lindelof on Brad Pitt, Having Power as a Writer and His Agony Over 'Lost'



