Element Pictures' Profits Fall Despite Continued Success in Film Industry

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 51 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 98%

Entertainment Notícia

Element Pictures,Sally Rooney,Emma Stone

Element Pictures, famous for its adaptations of Sally Rooney's novels, saw a notable drop in pre-tax profits to €2.64 million last year. However, the Dublin-based firm remains optimistic and continues to produce highly acclaimed films.

Paul Mescal and Daisy Edgar-Jones in Normal People, based on Sally Rooney's novel, which was produced by Element Pictures. Photograph: Enda Bowe

Dublin-based Element Pictures, which was founded by Ed Guiney and Andrew Lowe, is now majority-owned by UK group Fremantle following a deal in 2022 that the founders said would enable the business “to expand their capacity and continue producing television and film for international audiences”. Recent film releases by Element Pictures include Yorgos Lanthimos’ Kinds of Kindness with Emma Stone, Jesse Plemons and Willem Dafoe. Mr Lanthimos’ next collaboration with Element Pictures is Bugonia starring Emma Stone and Jesse Plemons and is due to be released in November 2025.

Numbers employed by the business last year increased from 33 to 37. Mr Lowe and Mr Guiney sit on the board with Andrea Scrosati, Christian James Vesper and Stuart Jackson and pay to directors last year totalled €503,000.The accounts note that Element forgave connected company loans of €2.46 million in the same year it did the Fremantle deal as directors felt “there was no chance of recoverability on these loans”.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in BR

Brasil Últimas Notícias, Brasil Manchetes