Update Re. US Home Entertainment distribution


 

TIDMERT 
 
RNS Number : 1435M 
Entertainment Rights PLC 
23 January 2009 
 
For immediate release: 23 January 2009 
 
 
 
 
Entertainment Rights plc 
(the "Company" or "Entertainment Rights") 
 
 
US Home Entertainment distribution 
 
 
Entertainment Rights wishes to update the market on its plans for US Home 
Entertainment distribution. 
 
 
 
 
US Distributor 
 
 
On 8 January 2009 the Company announced that it was evaluating its business 
partnership with Genius Products LLC ("Genius"), the Company's primary North 
American DVD distributor. Genius has not yet paid certain trading and advance 
fees due to the Company and has otherwise failed to perform in accordance with 
its distribution agreement. The Board has now terminated its contract with 
Genius and will transfer its North American business to a new distributor.  The 
Board continues to consider that some or all of amounts owed by Genius may be at 
risk and the Company continues to pursue all of its available legal remedies. 
 
 
Deborah Dugan, Chief Executive Officer, commented: 
 
 
"We are disappointed that Genius has chosen not to honour its commitments under 
our contract with them. We are confident of concluding arrangements with a new, 
well known, distributor in a timely manner who we believe will offer the Company 
the scale and quality of distribution meriting of our popular home entertainment 
products. " 
Enquiries: 
Entertainment Rights plc - Tel. 020 8762 6200 
Deborah Dugan, Chief Executive Officer 
Edward Knighton, Chief Financial Officer 
M: Communications - Tel. 020 7153 1540 
Ben Simons or Charlotte Kirkham 
 
 
 
 
About Entertainment Rights 
 
Entertainment Rights Plc (ER) is a global entertainment media company, with a 
portfolio that includes some of the world's most popular children's, family and 
pop-culture brands.  With offices in London, New York and Nashville, the Company 
specialises in the origination, acquisition and distribution of children's and 
family programming, characters and brands.  The Company's catalogue appeals to a 
broad demographic from pre-school children to young adults and families.  The ER 
catalogue consists of more than 3,600 hours of content that has been distributed 
in more than 170 territories worldwide.  ER's expertise is in the exploitation 
of its catalogue of brands and content in a number of key disciplines, including 
television and theatrical distribution, product licensing and merchandising, 
live and home entertainment, and digital media. 
 
Key brands in ER's global portfolio include Postman Pat , Where's Waldo?(TM), 
Tinga Tinga Tales(TM), VeggieTales , Rupert Bear , George Of The Jungle(TM), 
Lassie , Casper The Friendly Ghost , Basil Brush , Finley The Fire Engine(TM), 
The Lone Ranger , He-Man  and the Masters of the Universe , She-Ra(TM) and 
Rudolph the Red-Nosed Reindeer . 
 
Visit www.entertainmentrights.com 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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