Peppa Pig distributor Entertainment One has seen revenue grow by 16% from 1 April until this month.
The television division of the company delivered 67 half-hours of programming, which has resulted in an increase of 200% in revenue for the department.
Further sales of Peppa Pig with broadcasters in Italy, Spain, New Zealand and South Africa as well as returning series such as Haven and Rookie Blue helped the division.
International sales of the company’s TV portfolio are expected to continue growing and overall the eOne expects to deliver 250 half hours of programming this year with much of the content being delivered in the second half.
Distribution delivered revenues in line with expectation and were 5% down on the previous year. While the film division saw its revenues grow marginally from the same period last year.
The company is still in discussions with Alliance Films about potentially acquiring the company, but said the deal may or may not be concluded.
eOne’s net debt at the end of June this year was higher than the same time in 2011 due to the increased activity in the TV division.
Management said that full year results were anticipated to be in line with management’s expectations.
This story was originally published in Broadcast
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