Film studio losses fall 75%

Losses at the Windmill Lane Pictures studio narrowed significantly last year as depreciation costs fell and the company continued to look towards export markets for improved profitability.

The TV and film-editing studio, which has been involved in the post-production of Love/Hate and the award-winning documentary One Million Dubliners, in recent years saw losses decrease by almost 75% to €273,000 in 2013.

Gross profit, at just under €3m, remained relatively stable for the year, increasing by almost €70,000.