What a nice early Christmas present to ones self! :-)
2 Dec '13
Darren takes some rewards
ETO is doing good and Darren Throop, Chief Executive Officer of Entertainment One, takes some profit in four rounds of shares in the international entertainment company, reducing his stake by a total of 785,789 shares to 8.4m. While 69,239 shares were traded in at 239.2p each, the remainder were sold for 241.1p, earning Throop a total of £1.89m over a period of seven days. The sales come after the FTSE 250-listed group in November revealed it had more than doubled its earnings in the first half, thanks to strong acquisition-fuelled growth in its film distribution business. The acquisitive Canadian film and TV distributor bought rival Alliance Films from owner Goldman Sachs in January, which greatly helped increase its content library and drove "significant" revenue growth in the film division, lifting group turnover 65% to £364.5m. The purchase of Alliance and more than doubling its investment in content rights has grown the film, television and music content library by 70% to $650m in the period, with further investment expected in the second half. Speaking at the announcement of the results, Throop said he looked forward to a positive second half of the year in line with management expectations, with the film division set for another strong slate of releases and television on track to deliver a year-on-year increase in the volume of programming. ( Looking Good I'd say ! )
1 Dec '13
Catching Fire is breaking box office records in the US. That won't harm H2 profits lol.
26 Nov '13
Doze and others.
If you click on the ETO Media button there's an Audio regarding the Interims from Giles Willits, Chief Financial Officer.
26 Nov '13
Hi Doze, you got me worried there on Sunday, thought I was losing the plot. Glad you've made it clear. Agree One Media is a good Company and appears to be on track and doing OK. I see they have one my favourites on the books, Al Jarreau. I guess for now there's room for the two to go it alone, but they would be a possible contender for an ETO buy out. No doubt time will tell. Be lucky !
24 Nov '13
http://onemediaip.com/ This is who I was thinking of.
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