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(Alliance News) - Live Company Group PLC said Wednesday it is to produce Nickelodeon-themed tours throughout the UK, Ireland, the Channel Islands and Isle of Man.
Under the five-year agreement, Nickelodeon has granted the company rights to produce and create themed tours associated with certain Nickelodeon and Nick Jr properties. Live Company will pay Nickelodeon a royalty fee based on the revenue of the themed tours.
The first themed tour based on PAW Patrol, one of Nick Jr's most watched television shows, is expected to launch in summer 2019. Following the launch of the PAW Patrol tour, a set of 15 models, featuring a host of Nick Jr's most popular characters from its hit shows Top Wing and Shimmer & Shine is expected to be launched in autumn 2019.
Further models based on the Nickelodeon brand will be launched in 2020.
Shares in Live Company Group were up 9.3% at 72.70 pence each on Wednesday afternoon.