Luc Besson: acclaimed French director's studio struggles after losses

  The Guardian 

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EuropaCorp examines its debts and considers sell-off after being hit by disappointing box office for sci-fi spectacular Valerian The French filmmaker Luc Besson’s production studio has said it is considering “different options” to raise cash and cut costs after sinking to record losses. The announcement comes after the underwhelming box-office take for Besson’s science-fiction spectacularValerian and the City of a Thousand Planets . Although the film brought in more than $225m, a poor performance in the US market left Besson’s EuropaCorp struggling to make up for its $177m it cost to produce ▶ Full story on
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