Thomas's new friends
Article Abstract:
Britt Allcroft is seeking to reduce dependence on the exploitation of the character Thomas the Tank Engine, and new characters will help generate revenue in the two years from 1997. Thomas the Tank Engine accounts for 90% of revenue and has performed well over the long term, appealing to a broad age range. The company's profit is forecast to rise by 21% to 2.85 million pounds sterling in 1997 and 3.8 million pounds in 1998, according to brokers.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Mr Men US tour
Article Abstract:
Copyright Promotions sells licenses to use cartoon characters and receive royalties, with some 70% of these paid to the cartoon owner. The company's shares were boosted by an announcement that episodes of Mr Men will be shown in the US, though there is no certainty that the Mr Men cartoon characters will become popular in that country. The company also has rights outside the UK for Star Wars and should benefit from the re-release of the movie.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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