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UPDATED with EuropaCorp statement: Luc Besson’s embattled EuropaCorp has responded to a report in French weekly, Le Journal du Dimanche, which said on Sunday the studio was entering a deal that would see NY-based Vine Alternative Investments come to its rescue. In a statement provided to Deadline, Europa confirmed…

Luc Besson's EuropaCorp has posted unflattering results for the 2018-19 financial year, including a loss of $125M, which was a 27% increase year-on-year. The beleaguered French mini-studio was recently granted a six-month debt waiver from a French court to give it more time to balance its books. Talks are ongoing with…

4TH UPDATE FINAL Sunday AM writethru, following Saturday 7:35 AM update: The domestic opening for Disney’s Toy Story 4 is still lower than anticipated when this weekend started, going from $136M on Friday mid-day to $123.7M yesterday morning, to a Disney-reported $118M today. Industry estimates are spotting it at…

When it comes to the recent avalanche of lackluster summer sequels, i.e. Godzilla: King of the Monsters, Dark Phoenix and Men in Black: International, one film finance source snarked to us recently, "I don't think this current trend at the box office is 'sequelitis.' Perhaps with this latest string of misfires at the…

EXCLUSIVE: ICM Partners and Artist International Group have signed Russian actress and supermodel Sasha Luss, star of Luc Besson’s upcoming action pic Anna.  In Anna, Luss plays government assassin Anna Poliatova. Anna reps a return to form for Besson to his femme fatale action stomping ground, i.e.  La Femme Nikita, L…

Pathe distribution is in talks with Luc Besson’s EuropaCorp for a majority stake and potential cash infusion. Since the French director’s $177M-plus costing opus Valerian, his studio has been mired in financial problems. "The group Pathé has expressed interest in a potential stake acquisition in the capital of the…

EuropaCorp has made a distribution deal with Pathé Films in France that will see the latter company release three films from Luc Besson’s company over a three-year period. The news Friday comes as reports surfaced earlier this week that EuropaCorp was shuttering its domestic distribution business amid continued…

Luc Besson’s EuropaCorp saw a spike in Paris trading Thursday morning after reporting reduced losses in its consolidated results for the year ended March 31, 2018. The producer and distributor saw a net loss of 82.5M euros ($95.4M) for the year, down from the record 119.9M euros ($136M) loss it suffered in the…

Lionsgate has entered into a co-production and distribution deal for Luc Besson’s action film Anna which will be produced by his company EuropaCorp. The film, written and directed by Besson, starts production November and will be released under Lionsgate's Summit. Anna features Helen Mirren, Luke Evans, Cillian…