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
Basil Brush has entered the race to buy Noddy owner Chorion. Entertainment Rights is the third bidder in a widening field for the company, whose management led by chairman Lord Alli want to take it private for 111m, or 425p a share. Hit Entertainment, home to Bob the Builder, is also looking at the books.
A meeting this Friday to vote on the buyout has been cancelled. But Alli is still confident he can win the day because of a close relationship with the Agatha Christie estate, with whom Chorion develops key characters Hercule Poirot and Miss Marple.
Cheers Stock, I don't think the city liked the idea the last time ERT it looked at Chorion IMO it would enlarge the company significantly and any way big ears would get on very well with Jess.
The Board of Entertainment Rights Plc ('Entertainment Rights') notes recent
press speculation regarding Entertainment Rights' intentions in respect of
Chorion. The Board of Entertainment Rights confirms that it is considering a
possible offer for Chorion and wishes to make clear that it is endeavouring to
assess the strategic and financial condition of Chorion. The work is at a
preliminary stage; shareholders in both Entertainment Rights and Chorion should
be aware that there is no certainty that an offer will be forthcoming.
Mr Heap ... The market reaction to very good results is disapointing may I suggest that while naturaly conserving resources at present; a small dividend would have boosted the price nicely and would not have restricted your plans for expansion ... your shareholders need encouraging as well as your workers.
On the last two occasions when ERT considered making offers for Chorion in Nov 2002 and Dec 2003, Chorion refused to let ERT conduct due diligence and they proceeded no further. It will be interesting to see how Chorion responds this time.
Think the Chorion situation is holding this share back. As stated this will all come to a head on Thursday. Think this share is undervalued and still has great prospects.
Don't think Chorion deal would be bad news, they have a strong stable of products and would certainly enhance ERT stable and global profile.