Magazine article Screen International

eOne Board in Discussions with Alliance Shareholders, Posts 103% Profit Increase in 2012

Magazine article Screen International

eOne Board in Discussions with Alliance Shareholders, Posts 103% Profit Increase in 2012

Article excerpt

eOne CEO Darren Throop says board has held discussions with Alliance Films shareholders, outlines possible acquisition structure.

Entertainment One posted a 103% profit increase in 2012, according to financial results published by the entertainment company.

For the year ended 31 March 2012, the Entertainment One Group reported revenue of US$803 million up 7% from 2011 and profit before tax up 103% from 2011 at US$37 million, with underlying EBITDA up 23.8% from last year at US$84 million.

"It has been a very positive year for Entertainment One," said Darren Throop, president & CEO, Entertainment One. "The growth in our television business and doubling of digital sales have been particular highlights and demonstrate the success of our multi-platform strategy. I am also pleased to report that Peppa Pig's international success continues and am excited about the licensing and merchandising roll out in the US later this year."

eOne now operates in the UK, the US, Canada, Benelux, Australia, New Zealand, Germany, France, Scandinavia, and South Africa. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.