Brand Extension
July 02 2004 - 3:00AM
UK Regulatory
RNS Number:3975A
Entertainment Rights PLC
02 July 2004
Entertainment Rights Extends Agreement with Scholastic
Entertainment Rights Plc ("ER"), one of the UK's leading specialist media groups
focussed on the ownership of children's and family programming, characters and
brands, announces that it has secured the UK merchandising, licensing and home
entertainment rights to Clifford'sTM Puppy Days, a new fully animated series
produced by Scholastic Entertainment ("Scholastic").
ER has also extended the licence agreement with Scholastic for an additional
two-year term for the CliffordTM brand. A highly successful UK licensing
programme for CliffordTM has already been established by ER with key partners
including Character Options, Ackroyds, Smith and Brooks, Egmont Magazines, Arla
and Heinz.
Mike Heap, Chief Executive Officer of Entertainment Rights, said:
"We have enjoyed a long and fruitful relationship with Scholastic Entertainment,
CliffordTM is now very much part of the ER family of brands. We are looking
forward to building on our successful development of CliffordTM as a prestigious
pre-school brand in the UK marketplace, to ensure a highly successful consumer
products and home entertainment programme for this exciting new brand extension,
Clifford'sTM Puppy Days."
For further information contact: -
Entertainment Rights Elizabeth Gaines, Finance Director 0208 762 6200
Julie King, Group PR Manager
Bell Pottinger Corporate
& Financial David Rydell 0207 861 3232
Sarah Landgrebe
About Entertainment Rights
*Entertainment Rights Plc ("ER") is one of the UK's leading specialist
media groups focussed on the ownership of high quality children's and family
programming, characters and brands.
*ER owns the rights to many classic characters including Basil Brush,
Postman Pat, Little Red Tractor, He Man and Masters of the Universe, Fat
Albert, She Ra, Ghostbusters, Zorro and The Lone Ranger.
*Since 1999, when ER owned rights to just 50 hours of programming, ER's
library has grown to over 1,700 hours of high quality children's and family
programming. This includes rights to global brands such as Mattel's
BarbieTM, Scholastic's CliffordTM, Hasbro's Transformers, Casper the
Friendly Ghost and Felix the Cat.
*ER has grown rapidly. Annual revenues have grown from #1.8m in 1999 to
#29.5m in 2003, the last reported financial year.
*High resolution images are available for the media to view and download
free of charge from http://www.vismedia.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
END
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