17th May 2007 07:00
Embargoed; 0700hrs, 17 May 2007
DCD Media plc ("DCD Media" or the "Company") Trading Update - Distribution Division
DCD Media plc, the arts, entertainment and drama television production and distribution group, is pleased to announce that its distribution subsidiary, NBD TV, made its highest ever sales at the world's biggest television market, MIP TV, in Cannes, France in April.
Foremost were pre-sales of the major drama series `The Last Enemy', which is in production by another of DCD Media's subsidiaries, Box TV, and is due to complete shooting on 7th June. It had already added a pre-sale to American public television station WGBH to its commission from the BBC, but, at MIP TV, it added a commitment from Universal Pictures for UK DVD rights and sales to TV stations in Australia and Finland. These, plus further sales in negotiation, have now led NBD to revise upwards its sales expectations for the series.
Other Box TV projects also sold well: TV and DVD rights to the Ray Winstone drama, `Sweeney Todd', were sold for France, Germany, Italy, Spain and Latin America, while BBC America acquired both Box TV's Bon Voyage and Amnesty International's The Secret Policeman's Ball for the USA.
Music projects were also well received - for example Glastonbury 2007, Pink: Live From Wembley Arena, and David Gilmour Live at the Albert Hall all sold to multiple territories with further deals in negotiation. Packages of classical music programmes were also confirmed for a number of territories including the USA.
DCD Media Chief Executive, Chris Hunt commented,
"We are delighted with NBD's sales at MIP, which clearly demonstrate the synergies between the group's companies and underline the strength of our business model.
After a period of consolidation this performance by NBD indicates how added value is actively being created for our shareholders."
For further information please contact,
Chris Hunt, Chief ExecutiveDCD Media plcTel. 020 7297 8000Ben SimonsHansard GroupTel. 020 7245 1100
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