COLOGNE, Germany -- MME Moviement beat its own targets in 2005, boosting sales and profits to strengthen its position as Germany's leading independent television producer, the company reported Thursday. MME booked sales of 87.7 million ($105.5 million) last year, compared to 80.9 million in 2004 and recorded net profits of 4.1 million ($4.9 million) against 3.2 million a year earlier. MME produces dozens of series, formats and magazine programs for German TV, including reality hit Einsatz in 4 Waenden for RTL and episodes of long-running crime drama Tatort for ARD.
- 3/30/2006
- The Hollywood Reporter - Movie News
COLOGNE, Germany -- Powered by primetime hits like lonely hearts format The Farmer Needs A Wife and DIY show Einsatz in 4 Waenden (Mission With 4 Walls), both created for German market-leader RTL, Germany's leading independent TV production house, MME Moviement boosted sales and profits in the first nine months of 2005. Pre-tax profits (EBIT) climbed from 3.5 million to 3.9 million ($4.6 million) while sales soared 12% to 57.9 million ($68.3 million), MME announced Tuesday.
- 11/29/2005
- The Hollywood Reporter - Movie News
COLOGNE -- Powered by primetime hits including lonely hearts format The Farmer Needs a Wife and do-it-yourself show Einsatz in 4 Waenden (Mission with 4 Walls), both created for German market-leader RTL, Germany's leading independent TV production house, MME Moviement boosted sales and profits in the first nine months of 2005. Pre-tax profits (EBIT) climbed from 3.5 million to 3.9 million ($4.6 million) while sales soared 12% to 57.9 million ($68.3 million), MME announced Tuesday. The Berlin-based group recently acquired white balance, the TV production shingle of popular German game-show host Joerg Pilawa. MME declined to name the asking price, but insiders put it at up to 10 million ($11.8 million), a figure that will first turn up on MME's year-end report. For the full year, MME said it expects to book sales of 84 million ($99 million) and to achieve an operating profit (EBITDA) margin of 9-10%.
- 11/29/2005
- The Hollywood Reporter - Movie News
COLOGNE, Germany -- Powered by primetime hits like lonely hearts format The Farmer Needs A Wife and DIY show Einsatz in 4 Waenden (Mission With 4 Walls), both created for German market-leader RTL, Germany's leading independent TV production house, MME Moviement boosted sales and profits in the first nine months of 2005. Pre-tax profits (EBIT) climbed from 3.5 million to 3.9 million ($4.6 million) while sales soared 12% to 57.9 million ($68.3 million), MME announced Tuesday.
- 11/29/2005
- The Hollywood Reporter - Movie News
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