![]() ![]() ![]() The group is forecasting consolidated sales of between $580 million - $634 million (€420 million - €460 million) for the year and earnings attributable to shareholders of between $18 million - $20 million (€13 million - €15 million), compared to $15 million (€10.7 million) this year. “The growing fragmentation of programs in the digital age (also) opens up new sales channels for our Film Segment that we want to use,” Burgener said.īut Constantin is already lowering expectations for 2013. He said the company would be doubling down on its sports business as it aims to expand its Sport1 brand – which operates a free-TV channel, sports radio and online offerings. (and) sales and earnings performance were below our expectations,” said Constantin Medien CEO Bernhard Burgener. “2013 was a difficult year for Constantin Medien, in which our economic targets were not reached. Constantin's sports production operations took a hit when its German soccer channel Liga Total! which was carried by German cable group Deutsche Telekom, was canceled last year. The group's sports marketing operation TEAM saw revenue fall by more than a third, largely due to changes to TEAM's rights to market matches in top European club soccer tournament the UEFA Champions League and UEFA Europa League. It was more bad news at Constantin's sports division. PHOTOS: From 'After Earth' to 'The Lone Ranger': The Box-Office Bombs of 2013 ![]() Another of Constantin's high-profile in-house productions, a 3D animated take on Tarzan featuring the voices of Kellan Lutz and Spencer Locke, earned just $2.1 million in its German release. ![]() Suck me shakespeer prime movie#Anderson's big budget disaster movie Pompeii, which Constantin fully financed and produced, has been buried at the box office in Germany and internationally, earning just $3.5 million in Germany and less than $90 million worldwide, although several major territories are still to come. titles combined.Ĭonstantin could be in for an ever rougher ride this year. Profits at Constantin's film division fell nearly 50 percent to $6.5 million (€4.7 million) and would have been much worse if not for the blockbuster success of Constantin's German language comedy, Suck Me Shakespeer, which has earned more than $70 million in theatrical release here, more than double the German box office of all of Constantin's U.S. STORY: T-Wreck: Why Fox's 'Walking With Dinosaurs' Went Extinct Revenue for 2013 plunged 12 percent to $632 million (€458.3 million). The combination of costly, underperforming acquisitions – including Enders Game and Walking With Dinosaurs and the major in-house flop The Mortal Instruments: City of Bones, which Constantin produced – together with problems at its sports division - resulted in a $8.4 million (€6.1 million) loss for the Munich-based group last year. German mini-major Constantin Media had a rough year. ![]()
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