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
On 21 January 2008, ER announced that it was in preliminary talks with
interested parties which may or may not have led to an offer being made for the
Company. The Company announces that all such discussions in this regard have now
ceased.
After consultation with the Panel on Takeovers and Mergers, the Company confirms
that as a result, it is no longer in an 'offer period' for the purposes of the
City Code on Takeovers and Mergers.
Commenting, Rod Bransgrove, Chairman of ER, said:
'The Board of ER believes that the Company has significant underlying value and
remains in a strong position with regard to generating returns from its
extensive portfolio of brands and content. The appointment of Nick Phillips as
Chief Executive Officer in March 2008 provides the Company with the leadership
to drive its growth going forward. We look forward to updating shareholders
further in this regard in due course.'
Well, right now the sp is 2p and debt at 127m - many times the Mkt Cap. Oh deary, this must be a great concern.
Two years ago this was 35p, so this represents a woeful loss of standing.
Aargh! - - - - - - - (no I don't hold, sold-out years ago).
EDIT (17Dec08)- 5m Sells -90kBuys and the sp is up 500%
+ The RNS of 8Dec (appointment of CEO) shows she own NO shares - Yet Options on 5m shares! (but I don't think she has sold any, they need to be "exrcised", first)...DYOR.