We look forward to the first full year's contribution from our 2004 acquisitions; The Filmation library of classic contemporary animated programming and Tell-Tale Productions, the creative talent behind the hugely successful TweeniesTM. The integration of Filmation is complete and the successful roll-out of DVD titles for Fat AlbertTM and He-Man and the Masters of the Universe(R) in the US, reaffirms the Board's belief that 2005 will be a significant year for the library. Tell-Tale Productions' integration into the Company has beenrealised and the TweeniesTM live arena show, 'No Sleep 'Till Bedtime' has recently toured the country playing to a total audience of over 110,000. Work continues on Tell-Tale's strong and innovative development and production slate with Tell-Tale's brand new programming Fun Song Factory and BB3B enjoying ratings success on CiTV and the BBC respectively.
The Company is well positioned for long-term growth via its strategy of aggregating quality owned and third party multi-media content. Demand for our content has never been higher as the digital age transforms the global mediamarket. The Board is confident that trading remains in line with market expectations.'
This company is well positioned to go onward and upwards, a nice stock to have in your portfolio, and tell your kids a bedtime story all about your Postman Pat investment. Zzzzzz zzzzzz
Latest announcements '13/05/2005 Postman Pat goes to the USA' '2/07/2005 Postman Pat goes to Japan' ENTERTAINMENT RIGHTS ACQUIRES RUPERT BEAR http://moneyam.uk-wire.com/cgi-bin/articles/200510310700243557T.html WWW.EntertainmentRights.com http://www.entertainmentrights.com
Private equity firm Apax
Partners is believed to be
eyeing up Entertainment Rights
(ERT), owner of Postman Pat,
to merge it with Hit
Entertainment which it
acquired last month.
Apax is said to have been
increasingly interested in
Entertainment Rights since it
announced its deal with
American network HBO to
screen the Postman Pat series.
The company is reportedly
waiting to see how
Entertainment Rights fares in
the US before making its bid.
The speculation coincides
with the group appointing a
senior US executive
responsible for the strategic
direction of Entertainment
Rights licensing and
merchandising activities
throughout the US, Canada and
Latin America.
We believe ERT is currently
at the bottom of a highly
attractive growth curve and
our forecasts do not reflect any
upside from Postman Pat in
the US, says media analyst
Roddy Davidson at Altium
Securities. For this reason we
believe that even a bid
approach struck at a material
premium to current levels is in
danger of under-representing
the groups medium-term
value.
Shares in Entertainment
Rights have risen more than
10% already on the news and
are trading at 30p.
n Shares says: ERs
potential cash generation
makes it an ideal target for
private equity.
Sorry sir, I wont let it happen again sir. Please don't filter me sir.
It must be legal, I subscribe to shares and I can view it online. Its no different to me typing it out.
I don't do anything jimmy. If you are getting the pictures from google images then click on the image then click on the image again at the top of the page. Other than that I do nada...