Luc Besson's EuropaCorp, which is still in bailout talks with Vine Alternative Investments, posted another $25 million loss for the financial period that ended Sept. 30
, which brought in just $225 million worldwide. His latest,, bombed at the box-office where it grossed just $7.5 million for Lionsgate in the U.S.
New York-based Vine, which bought a controlling interest in Village Roadshow in 2017, is one of EuropaCorp's major creditors. The deal on the table would reportedly see Vine convert EuropaCorp’s debt into equity shares in the company. They have until May 13, 2020 to complete any discussions. Sales were halved to $45.2 million, while were up to $14.6 million from $10.4 year-on-year. "This profit margin is mainly due to a high level of profit margin on the catalog's operation," explained the producer and distributor of cinematographic works and television series.
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