Achterbahn files for bankruptcy
COLOGNE, Germany -- Achterbahn, the German production house behind the cult Werner animated films, filed for insolvency protection Wednesday, joining a long list of German market-listed media firms that have gone bust in recent months. The company, based in the northern German city Kiel, faced a cash crunch after the lackluster performance of Werner III, which took in around 14 million ($13.7 million) -- 10 million less than its either of its predecessors -- and live-action comedy Wie die Karnickel (Like Rabbits), which flopped, earning just 1.6 million ($1.57 million).
- 10/3/2002
- The Hollywood Reporter - Movie News
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