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CEO of the Berlin-based producer-distributor resigns after eight years in the role and "takes responsibility" for major losses in 2013.
Helge Sasse, the CEO of Germany's Senator Entertainment, is to step down next month after more than eight years in the role.
Under his leadership, Senator Film Verleih released blockbusters such as The Reader, The King's Speech and The Intouchables in German cinemas, of which the latter earned Senator $80m in 2012.
However, Sasse invested that money into acquisitions of titles such as Silver Linings Playbook, Side...