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EuropaCorp
EuropaCorp S.A. (stylised in opening logo as EUROPA CORP. until 2022) is a French motion picture company headquartered in Saint-Denis, a northern suburb of Paris, and one of a few full-service independent studios that both produce and distribute feature films. It specializes in production, distribution, home entertainment, VOD, sales, partnerships and licenses, recording, publishing and exhibition. EuropaCorp's integrated financial model generates revenues from a wide range of sources, with films from many genres and a strong presence in the international markets.
Over 14 years, EuropaCorp has produced and co-produced over 80 films and is now distributing over 500 titles after the integration of the RoissyFilms Catalogue. The studio is mainly known for its expertise in the production of English-language films. It developed and produced the successful Taken trilogy and the Transporter series. It began producing TV series in 2010 through EuropaCorp Television which had already adapted EuropaCorp's popular Taxi film franchise.
Since 2018, the company has faced tumultuous times following accusations of rape and sexual assault against its chairman and majority owner Luc Besson, accusations of rape which were definitively dismissed in 2023 with the dismissal of the French Court of Cassation.
The company was created by Luc Besson in 1992 under the name Leeloo Productions, but it only fully began producing and co-producing feature films many years later, with the release of Taxi and The Dancer. The company was renamed EuropaCorp in 2000. Luc Besson had also created a smaller production company called Les Films du Dauphin in 1990 that has existed outside of Leeloo Productions / EuropaCorp. Pierre-Ange Le Pogam, old associate of Besson from Gaumont, the production company behind many earlier Besson's directed films, joined EuropaCorp in 2000. He had worked with Besson since 1985 first as a Distribution Director and from 1997 as a Deputy Chief Executive Officer at Gaumont. He became known as the right-hand man of Besson at EuropaCorp. He left the company in 2011 over disagreements with Besson.
In July 2007, EuropaCorp successfully managed its IPO on Euronext Paris. In May 2008, the CSA, French authority for media regulation, selected the EuropaCorp TV project in its invitation to apply for a mobile TV channel in France.[citation needed] In 2013, Lisa Ellzey, hitherto producer for Lionsgate and 20th Century Fox, was appointed as executive vice president of U.S. Motion Picture Production of EuropaCorp.
In 2018, Besson was accused of rape by an actress who wishes to remain anonymous. EuropaCorp stocks dropped 17% to just €2.31 ($2.70) after the rape allegation. Later the same year, EuropaCorp sold its French television division to Mediawan and renamed into Storia Television. EuropaCorp also agreed to sell the Roissy Films library to Gaumont. Five more women made similar statements against Besson.
In May 2019, EuropaCorp was granted a six-month debt waiver from a French commercial court and placed under court protection. A week later the studio filed for bankruptcy protection in the United States. Its stock value had fallen to €0.67. It had no films in production. In December 2019, the company was $182 million in debt and it had been in long bailout negotiations with Vine Alternative Investments.
In February 2020, the American investment fund "Vine Alternative Investments" acquired 60.15% of the French group, and an American fund, Falcon Strategic Partners IV acquired 6.25%.
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EuropaCorp
EuropaCorp S.A. (stylised in opening logo as EUROPA CORP. until 2022) is a French motion picture company headquartered in Saint-Denis, a northern suburb of Paris, and one of a few full-service independent studios that both produce and distribute feature films. It specializes in production, distribution, home entertainment, VOD, sales, partnerships and licenses, recording, publishing and exhibition. EuropaCorp's integrated financial model generates revenues from a wide range of sources, with films from many genres and a strong presence in the international markets.
Over 14 years, EuropaCorp has produced and co-produced over 80 films and is now distributing over 500 titles after the integration of the RoissyFilms Catalogue. The studio is mainly known for its expertise in the production of English-language films. It developed and produced the successful Taken trilogy and the Transporter series. It began producing TV series in 2010 through EuropaCorp Television which had already adapted EuropaCorp's popular Taxi film franchise.
Since 2018, the company has faced tumultuous times following accusations of rape and sexual assault against its chairman and majority owner Luc Besson, accusations of rape which were definitively dismissed in 2023 with the dismissal of the French Court of Cassation.
The company was created by Luc Besson in 1992 under the name Leeloo Productions, but it only fully began producing and co-producing feature films many years later, with the release of Taxi and The Dancer. The company was renamed EuropaCorp in 2000. Luc Besson had also created a smaller production company called Les Films du Dauphin in 1990 that has existed outside of Leeloo Productions / EuropaCorp. Pierre-Ange Le Pogam, old associate of Besson from Gaumont, the production company behind many earlier Besson's directed films, joined EuropaCorp in 2000. He had worked with Besson since 1985 first as a Distribution Director and from 1997 as a Deputy Chief Executive Officer at Gaumont. He became known as the right-hand man of Besson at EuropaCorp. He left the company in 2011 over disagreements with Besson.
In July 2007, EuropaCorp successfully managed its IPO on Euronext Paris. In May 2008, the CSA, French authority for media regulation, selected the EuropaCorp TV project in its invitation to apply for a mobile TV channel in France.[citation needed] In 2013, Lisa Ellzey, hitherto producer for Lionsgate and 20th Century Fox, was appointed as executive vice president of U.S. Motion Picture Production of EuropaCorp.
In 2018, Besson was accused of rape by an actress who wishes to remain anonymous. EuropaCorp stocks dropped 17% to just €2.31 ($2.70) after the rape allegation. Later the same year, EuropaCorp sold its French television division to Mediawan and renamed into Storia Television. EuropaCorp also agreed to sell the Roissy Films library to Gaumont. Five more women made similar statements against Besson.
In May 2019, EuropaCorp was granted a six-month debt waiver from a French commercial court and placed under court protection. A week later the studio filed for bankruptcy protection in the United States. Its stock value had fallen to €0.67. It had no films in production. In December 2019, the company was $182 million in debt and it had been in long bailout negotiations with Vine Alternative Investments.
In February 2020, the American investment fund "Vine Alternative Investments" acquired 60.15% of the French group, and an American fund, Falcon Strategic Partners IV acquired 6.25%.