What kind of company is EuropaCorp?

EuropaCorp is a French film production and distribution company founded in 1999 by Luc Besson, a renowned French film director, screenwriter, and producer. The company's headquarters are located in Saint-Denis, a northern suburb of Paris. EuropaCorp has produced and distributed numerous films, including action thrillers, dramas, and animated films.

Under Besson's leadership, EuropaCorp quickly became one of the most successful independent film studios in the world. The company achieved worldwide recognition with box office hits such as "Taken," "Lucy," "The Transporter," and "Taxi." EuropaCorp is also known for producing and distributing the "Arthur" animated film franchise and the "Valerian and the City of a Thousand Planets" science-fiction movie.

EuropaCorp's business model is different from traditional major Hollywood studios, as the company functions as an entirely independent entity. The company manages a vertically integrated operation, from production to distribution and exhibition. EuropaCorp also collaborates with other major studios, including Warner Bros, Universal, and Lionsgate.

Additionally, EuropaCorp has expanded its business to the television industry, producing numerous TV series such as "No Limit," "Taxi Brooklyn," and "Taken." EuropaCorp also launched its own television channel in 2007, titled "EuropaCorp TV."

In recent years, EuropaCorp has faced some financial difficulties, with disappointing box office performances of several high-profile films, including "Valerian and the City of a Thousand Planets," leading to heavy losses. As a result, the company has undergone a restructuring process intending to reduce its debt and refocus on core activities.