Animation studio Brown Bag Films posts pre-tax loss following redundancy payments

The company cut more than 70 jobs last year

Eva the Owlet was made by Brown Bag Films for Apple+.

Animation studio Brown Bag Films posted pre-tax losses of €1.14m last year following spending of just over €2m on redundancy payments.

New consolidated accounts filed by Brown Bag Films UC show that the group recorded the pre-tax losses for 2023 after a number of years of strong profits on the backing of the streaming content boom.