Peppa storming the USA Peppa Pig is adding 31 additional cities to the brand's first-ever U.S. tour:[link] Peppa Pig stage show is based on Entertainment One's (eOne) top-rated TV series which airs daily on Nick Jr. The U.S. tour has sold 200,000 tickets to date with some venues completely selling out.""Peppa Pig has been steadily winning over children and families around the globe. The series is a top-rated show on Nick Jr. for kids ages 2-5 reaching 76 million households daily. The brand's extremely popular apps, toys and other consumer products
And George Pig said Waaaaaaaaaaaaaaaaaah!!
And Peppa Pig said ....... "NO ! ....... nasty ITV ...... Go Away !!!" .... Peppa Pig was right , and they did.SAGE
We were at ..... exactly one year ago ...... 375pSAGE
Dow Jones News ITV Bid Rejected by Peppa Pig-Owner Entertainment One10/08/2016 11:10amDow Jones NewsEnt. One Di (LSE:ETO)Intraday Stock ChartToday : Wednesday 10 August 2016Click Here for more Ent. One Di Charts.LONDONCanadian film and television producer and distributor Entertainment One Ltd., the owner of children's cartoon series Peppa Pig, Wednesday said it rejected a $1.3 billion offer from U.K. broadcaster ITV PLC.The company said it received an offer of 236 pence a share, which would value it at around £ 1 billion ($1.3 billion), but "rejected it on the basis that it fundamentally undervalues the company and its prospects." It later clarified that the offer was from ITV. The U.K. companyBritain's largest terrestrial broadcaster by saleswasn't immediately available for comment.Shares in Entertainment One, which is listed in London, were up 5.6% on Wednesday morning, valuing it at £ 983.3 million. ITV shares ticked up less than 1%.A deal between the companies would have helped ITV diversify its business away from advertising revenue amid concerns of a slowdown in the U.K. as media operators are forced to cut spending to offset the economic fallout of the Brexit vote.Although ITV indicated last month that it hadn't suffered a drop-off in advertising following the Brexit vote, it still aims to cut costs by £ 25 million across its operations, including possible job losses, in 2017, with ITV Chief Executive Adam Crozier citing "wider economic uncertainty."ITV generated net advertising revenue of £ 838 million for the first six months of the year, flat compared with the year-earlier period as advertisersaround February, when the U.K. vote date was announcedstarted to pull back from business amid concerns over a slowdown in consumer spending. ITV's overall net profit fell to £ 243 million from £ 257 million.Still, ITV's production arm showed strong growth, as year-over-year revenue increased 31%. That gain highlights the broadcaster's interest in Entertainment One as part of its stated goal of building a "global production business of scale."In recent years, ITV has gone on a run of snapping up production companies across the world, including in the U.S., to boost its expanding production arm ITV Studiosits stellar-performing business that is driving the company's top line.It is also eager to gain an edge in the U.K.'s competitive broadcasting market, which has been shaken up in recent years by telecommunications firms like BT Group PLC entering pay-television, as well as over-the-top streaming platforms like Netflix Inc.acquiring Entertainment One, ITV would have gained access to an owner and distributor of 40,000 television and film titles, including Grey's Anatomy, through its stake in Mark Gordon Co., and the film release this year of "The BFG" in partnership with Amblin Partners. Entertainment One's content library also includes 4,500 hours of television programming and 45,000 music tracks, according to the company's website.Analysts at Liberum said Entertainment One's rejection of the offer isn't surprising given that its largest shareholder, the Canada Pension Plan Investment Board, bought most of its 19.7% stake at 269 pence a share. But ITV may balk at making an offer in excess of 300 pence a share as such a move could hinder its ability to pay a special dividend, they added.Rory Gallivan and Simon Zekaria contributed to this article.Write to Ben Dummett at [email protected] and Jacquie McNish at [email protected]
Re: ETO featured in FT market report Yes, a good spot gretel .... nice one !! SAGE
Takeover bid rejected [link]
ETO featured in FT market report This is from the FT's market report tonight - firstly, 240p would be a laughable offer imo (start at 280p and work upwards), and secondly it seems someone's been paying attention to my post this morning about Livermore Partners ))[link] and TV studio Entertainment One jumped 9.9 per cent to 217.5p amid a revival of gossip that it could be a target for peers including ITV, which was rumoured in June to have been working on a 240p per share offer. People familiar with the companies once again played down speculation.Dealers also noted a mention for Entertainment One in Livermore Partners latest letter to investors.The activist hedge fund, which in May called for Entertainment One to strengthen its board or start returning cash, said in the letter that the company seems to be listening to our ideas."Also, news that ETO are to bring out a new Narnia film - this could be a global blockbuster if done well:"TriStar, Mark Gordon & eOne Revive The Chronicles Of Narnia With The Silver ChairSony-based TriStar Pictures is joining The Mark Gordon Company, The C.S. Lewis Company, and Entertainment One (eOne) to make The Silver Chair. The film will be financed by TriStar, eOne and The Mark Gordon Company with Sony and eOne distributing the pictureThe previous films grossed a collective $1.6 billion at the worldwide box office"[link]
Re: Livermore Partners positive on ETO hi gretelThat means they bought in at approx 160p ish, a very good entry point,so they will be in for the further long haul to much greater heights at 300p +SAGE
Livermore Partners positive on ETO This is encouraging. The activist investors in ETO, Livermore Partners, had been pushing for improved cash flows, director additions etc - however, they've just stated in their Q2 report:[link] are also searching thru the rubble in the London market for value opportunities given Brexit. We will report more as we push forward and see some very specific opportunities. Similar to our media investment Entertainment One (ETO.L). Which was up nicely in the Q and where Livermore now has a strong gain of over 20%. The company seems to be listening to our ideas so we will continue to monitor the situation."So they seem to be a lot happier with the situation now.
Re: ITV Plc is pursuing a takeover Comment this morning from ITV's CEO:[link] "Mr Crozier said on Wednesday that ITV will âcontinue to investâ� in its content business through acquisitions, but refused to be drawn on details about the media companyâs next takeover target. ITV is rumoured to be considering a bid for Entertainment One, the Toronto-based owner of the childrenâs cartoon franchise Peppa Pig, causing shares to rise more than 4 per cent this month. At the time, ITV said the company did not comment on rumours or speculation."
The BFG is big success in UK The BFG has done incredibly well in the UK on its first weekend:[link] noteworthy that ETO's "Now You See Me 2 has now conjured up $7.5m (£5.71m)"Deadline have BFG as the best ever non-sequel opening for ETO. It also pulled in 875k for Benelux:[link] BFGDisney, Steven Spielberg, Walden Medias family offering, The BFG had a rather large success this weekend as it edged out Star Trek Beyond from the No. 1 spot in the U.K. market where it is handled by eOne. The CGI film grabbed a total of $6.62M for the No. 1 spot. The film had a bigger debut in the U.K. than Paddington and it marks the best eOne opening for a non-sequel. It also marks the second biggest opening for a Dahl-adapted film in that country (only behind Charlie and the Chocolate Factory) and is also Spielbergs third biggest opening ever in the U.K. only behind Indiana Jones and the Kingdom of the Crystal Skull and War of the Worlds.""In Benelux, reported grossed are $875K (eOne handles)"
Top Slice Decided to sell the rights issues shares I bought at 1.53p today for 1.965. Since the rights issue I have far too many of these.Whilst I'm still quite positive and will hold the rest, this stock does swing wildly at times, and could prevent a trading opportunity. I kicked myself the last time it went over 200p to fall back again to 150, for not having traded some. There is every chance this may happen again, once this rumour runs out of steam.LFG
Re: ITV Plc is pursuing a takeover try this link [link] it was behind a pay wall but today I got there via another start point.Basically suggesting ITV rumours again, but also saying industry sources find it hard to believe. Puts real reason down to being a good hedge against Brexit given 80% of revenue is overseas and in $.LFG
Re: ITV Plc is pursuing a takeover Just got this email alert via IC - it is on FT so I can't see it but the story is back even if the previous link is as you say 3m ago.Entertainment One jumps on ITV talkJuly 12, 61pmA revival of takeover rumours helped lift Entertainment One to a six-month high on Tuesday. Read more >><[link]