Entertainment One Ltd (LON:ETO) confirms that Designated Survivor will no longer feature on ABC past the present series and that the Group is in active discussions with other parties for further series of the show.
This will have no impact on the Group’s full year results for the year to 31 March 2018, due to be announced on the 22nd May. There may be a modest impact on next year’s earnings, depending on the outcome of discussions with other parties, however the Group remains on track to deliver against its stated strategic management expectations for the future.
Entertainment One Ltd is a global independent studio that specialises in the development, acquisition, production, financing, distribution and sales of entertainment content. The Company’s diversified expertise spans across film, television and music production and sales, family programming, merchandising and licensing, and digital content. Through its global reach and expansive scale, powered by deep local market knowledge, the Company delivers the best content to the world.
Entertainment One’s robust network includes film and television studio The Mark Gordon Company; content creation venture Amblin Partners with Steven Spielberg, DreamWorks Studios, Participant Media, and Reliance Entertainment; newly-launched MAKEREADY with Brad Weston; leading feature film production and global sales company Sierra Pictures; unscripted television production company Renegade 83; world-class music labels Dualtone Music Group and Last Gang; and award-winning digital agency Secret Location.
The Company’s rights library, valued at US$1.7 billion (as at 31 March 2017), is exploited across all media formats and includes about 80,000 hours of film and television content and approximately 40,000 music tracks.
