'Peppa Pig' Merchandising, TV Sales Drive Revenue Jump at Entertainment One
The indie studio said preproduction has started on HBO's Gillian Flynn drama 'Sharp Objects,' starring Amy Adams and Patricia Clarkson and Chris Messina.
Entertainment One on Friday reported U.S. retail merchandise sales for its kids cartoon Peppa Pig have surpassed $200 million.
That bonanza, coming on top of overall revenues for the indie studio having doubled for the year to March 31, were touted as eOne released a trading report in the U.K., where its shares trade on the London Stock Exchange, ahead of its full-year results being released on May 23.
Peppa Pig airs on Nick Jr. in the U.S., and has 65 licensing partners. Year-on-year TV revenues were boosted by the acquisition of The Mark Gordon Company, which brought the ABC series Designated Survivor.
eOne said discussions for a second season of Designated Survivor continue. The eOne Television pipeline includes series like Ransom, Mary Kills People and Cardinal, and new seasons of You Me Her, Private Eyes, Saving Hope and Rogue.
Preproduction is also underway on Sharp Objects, starring Amy Adams, Patricia Clarkson and Chris Messina, with cameras set to roll shortly. Sharp Objects centers on reporter Camille Preaker (Adams), who leaves a psychiatric hospital to return to her tiny hometown to cover the murders of two preteen girls.
eOne said pre-tax profits for the full-year are expected to be up, as "performance for the year has been in line with management expectations."