Last Wednesday, EuropaCorp announced (via Variety) that the company will be scaling back its production after posting record losses of $135 million during the last financial year. Their last project, Valerian and the City of a Thousand Planets, has grossed $223 million worldwide ($40 million domestic and $182.7 million internationally). The problem was its large $177.2 million budget, however.
The company will continue focusing on…
