Germany's Constantin Media Group ended the first quarter of 2014 with a $6.8 million (€5 million) loss as disappointing returns from high-profile flop Pompeii and 3D animated feature Tarzan pulled down results.
Sales, driven by licensing revenue for Pompeii (which was pre-sold around the world), were up 31.2 percent in Q1 to $186 million (€136.1 million). But the overall picture was bleak.
Constantin CEO Bernhard Burgener, in a statement to investors, talked up the success of Constantin's local-language productions. German schooldays comedy Suck Me Shakespeer, for example, which has earned some $72 million in local release, and Five Friends 3, the latest in a successful family franchise, which grossed around $10 million in Germany.
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