With EM.Entertainment on the auction block, the company's managing director Susanne Schosser has left the company. Parent EM.Sport Media has been trying to sell the children's entertainment company and on Wednesday cut its asking price from 90 million Euros to 59 million.
EM.Entertainment's net profit dropped to $880,000 over the first nine months of 2007, having made $4.5 million in the same time frame the previous year.
Schosser was head of programming for Super RTL before coming to EM.TV in 2005.
Rick DeMott
Animation World Network
Creator of Rick's Flicks Picks
