Revenue Falls, Losses Cut at Germany's Senator

The Berlin-based producer/distributor merged with France's Wild Bunch earlier this year.

German indie producer and distributor Senator Entertainment has had a rough year.

2014 figures, released May 4, show sales at the Berlin-based group fell around a quarter to $23 million (€20.4 million) as the company tries to restructure.

Senator booked an operating loss of $14 million (€12.6 million) for the year, around half of what it lost in 2013, when major write-downs on film assets hurt the company's bottom line.

French group Wild Bunch has merged its German operations with Senator and is in the process of combining the two operations. 

Twitter: @scottroxborough

 

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