Re Contract
October 17 2005 - 3:01AM
UK Regulatory
RNS Number:7282S
Entertainment Rights PLC
17 October 2005
ENTERTAINMENT RIGHTS AGREES THREE MOVIE DEAL WITH MATTEL
Entertainment Rights Plc ("ER"), one of the UK's leading independent media
groups is pleased to announce an agreement with Mattel Inc for the home
entertainment and television distribution rights to the next three animated
Barbie(R) feature-length movies, bringing the total number of Barbie(R) films
distributed by ER to nine.
The three titles will be released in the UK on DVD and video throughout 2006
through ER's home entertainment label, Right Entertainment. ER has also secured
certain international television rights (excluding USA) to the films.
This agreement follows ER's success as the distributor of Mattel's previous
Barbie(R) films, including Barbie(TM) in the Nutcracker, Barbie(TM) as Rapunzel,
Barbie(TM) of Swan Lake, Barbie(TM) as the Princess and the Pauper and
Barbie(TM) FairytopiaTM. Home entertainment sales through Right Entertainment
have exceeded 10.6 million units and six titles have been sold by ER to leading
broadcasters in more than 80 countries.
In March 2005, ER announced the release of the brand new Barbie(R) feature film,
Barbie(TM) and the Magic of Pegasus, which will be released on DVD and VHS in
the UK on 17 October 2005.
The first title to be released in 2006 under this new agreement as part of the
three movie deal will be Barbie(TM) Diaries. Barbie(TM) Diaries represents a new
phase in the Barbie(R) film franchise as for the first time Barbie(R) plays
herself as a suburban teenager at high school. Barbie(TM) Mermaidia, will also
be released in 2006 as will a third title which follows on from the Barbie(R)
Princess series of movies.
Mike Heap, Chief Executive, Entertainment Rights commented:
"We are delighted to be partnering with Mattel, who have shown unprecedented
confidence in ER with this new agreement for the next three Barbie movies,
bringing the total number of Barbie titles distributed by ER to nine. The
success of the previous Barbie titles is a testament to the high quality films
coupled with the expertise of ER's International Sales team and Home
Entertainment Division. I am in no doubt that these brand new movies will
emulate the success of the previous Barbie titles and will be loved by girls
around the globe."
-Ends-
For further information contact:
Enquiries:
Entertainment Rights Plc
Mike Heap, CEO 0208 762 6200
Elizabeth Gaines, Finance Director
Liz Morris, Head of PR
Bell Pottinger
David Rydell/Sarah Landgrebe 0207 861 3232
Editors Notes
About Entertainment Rights:
* Entertainment Rights Plc ("ER") is one of the UK's leading specialist
media groups focused on the ownership of high quality children's and family
programming, characters and brands
* ER owns or controls the rights to many classic characters including
Basil Brush(R), Postman Pat(R), Little Red Tractor(TM), He-Man and the
Masters of the Universe, Fat Albert and the Cosby kids, She-Ra and
Ghostbusters
* Since 1999, when ER owned rights to just 50 hours of programming, ER's
library has grown to over 1,800 hours of high quality children's and family
characters and brands. This includes selected rights to global brands such
as Mattel's Barbie(TM), Scholastic's Clifford(TM), Hasbro's
Transformers(TM), Harveytoons Casper the Friendly Ghost and Classic Media's
Felix the Cat
* In September 2004 ER acquired Tell-Tale Productions, creators and
producers of The Tweenies and added a significant development and production
slate to the ER portfolio including Fun Song Factory, BB3B and Boo!
* ER has grown rapidly. Annual revenues have increased from #1.8m in 1999
to #25.5m in 2004, the last reported financial year
* ER is ideally placed to extend and exploit its portfolio of quality
programming with its own television distribution, licensing division, and an
established home entertainment label, Right Entertainment
This information is provided by RNS
The company news service from the London Stock Exchange
END
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