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EXCLUSIVE: SF Studios, the Nordic film and TV studio behind A Man Called Otto, is shutting its UK production arm as part of a restructure.
SF Studios Production Limited is being wound up in the UK, with PricewaterhouseCoopers appointed to oversee a voluntary liquidation five years after the company was first established.
Tim King, executive vice president of production for SF Studios, said the studio was “restructuring” its UK entities. “There are still rights that we wish to exploit, but in a different format,” he said.
SF Studios Production had two employees in the UK, both of whom have left the company to “continue with other opportunities” elsewhere, according to King.
SF Studios Production’s revenue was £1.3M ($1.6M) in its most recently published earnings for the year to March 2022. This was a 94% decline on sales of £20.7M in 2021.
Its pre-tax loss was £172,440 last year, compared with £1.2M in 2021, according to the financial filing at the UK’s Companies House.
SF Studios is a century-old production and distribution company. Tom Hanks drama A Man Called Otto was considered a hit after grossing more than $100M worldwide.
Previous international releases include Borg vs. McEnroe starring Shia LaBeouf, Sverrir Gudnasson and Stellan Skarsgård, and the thriller Horizon Line starring Allison Williams and Alexander Dreymon.
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