Rights to make Profit

Rights to make Profit

Tuesday, March 15th, 2005 2:36pm CST

Category: Digital Media News
Posted by: Raymond T.   Views: 18,788
Guardian Unlimited has reported that Entertainment Rights, who holds the rights to Transformers series Armada, Energon and Cybertron for sales and broadcasting within the UK, has made profit over last year, due to a 28% boost in income.

The article states that the company over 2003 actually made a loss of £400,000 over the total year, while making £19.8m profit over 2004. This has been contributed to the fact that the number of TV channels in the UK has increased over that year.

Most recently, Entertainment Rights secured the licences, apart from 52 Cybertron episodes, of Filmation which houses classic series like He-man and She-Ra!

Credit(s): www.guardian.co.uk


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