Advertising corporation Dentsu Inc., the owners of Geneon Entertainment, have posted an estimated 4.7 billion yen (US$41 million) consolidated and a 5.1 billion yen (US$44 million) non-consolidated loss for its current fiscal year. The losses reflect the sudden downsizing of Geneon Entertainment USA. The company also announced it will be posting a 7.2 billion yen (US$63 million) loss due to a discontinued sales and broadcasting partnership with Tohokushinsha Film Corporation.
Date Posted: Saturday, September 29, 2007
11:12pm EDT |
