The popular company Filmax, creator, producer and distributor of audiovisual content, has just presented a voluntary bankruptcy in the commercial court number 4 of Barcelona with a liability of 174 million euros after not reaching an agreement with various financial institutions.
This contest will affect Filmax Entertainment, parent company, and its affiliates Bren Entertainment, Castelao Productions, Filmax Animation, Filmax Pictures and Sogedasa. Who is not affected, since it is not guarantor of the debt, is Castelao Pictures, which is in the process of filming movies like "Snowflake"And"As you sleep".
This situation began in 2009 with the signing of the refinancing of the company where the group began a restructuring plan that reduced its workforce from 400 to 200 workers while also began outsourcing various services.
But this is not the end of the company since its intention continues to be to continue with its services thanks to the fact that production, international sales and the exhibition in theaters are going very well for the times we are in. Things of the crisis ...