Fox Kids Europe increases revenues by 17 per cent

MUMBAI: Pan-European integrated children's entertainment broadcaster Fox Kids Europe has announced financial results for the six months ended 31 March 2004.

Revenues increased by 17 per cent to $87.4 million and operating income increased from $3.2 million to $9.1 million. Subscribers increased by 4.4 million year-on-year to 37.2 million households in 57 countries. However it anticipated that revenues from programme distribution for the year will be down 25 per cent.

The broadcaster is in the process of undergoing an initiative to create a new global action-adventure network for kids Jetix. As part of the rebranding excercise the company's name will be changed to Jetix Europe in the coming months. In this respect an Extraordinary GM will be held in order to approve such a change.

Fox Kids Europe chairman and CEO Bruce Steinberg added, " Our core channel business continues to go from strength to strength. We expect this success to continue as we begin to rename our channels from Fox Kids to Jetix over the next twelve months.

"Being part of a global programming alliance with Disney is a very exciting prospect for our company and, over time, we hope to increase the amount of programming that we co-produce with Disney. This alliance started last year with the co-production W.I.T.C.H, and since then we have already added to that with the co-production Super Robot Monkey Team Hyperforce Go!, . This is due for delivery next year."

Steinberg conceeded that the programme distribution business had experienced a drop in revenues due to a reduction in the volume of rights acquired for shows outside of Europe and the Middle East. He however claimed that the reduction in revenues was not as great as had previously been anticipated.

"We are also seeing tangible signs of improvements in both the quality and quantity of programming that we acquire. The number of episodes added to the library in the period increased from 84 to

122 year-on-year. One of these shows, Tutenstein, has recently won an Emmy


Holland was the standout performer with a 32 per cent share among kids. The broadcaster further claimed that in France ratings increased by 66 per cent among kids aged 4-10. Meanwhile ad revenues went up by over 50 per cent against a television advertising market in Europe that has shown low single digit growth over the same period.

On the merchandising front he added that Power Rangers merchandise was now on sale in more than 100 Disney Stores throughout Europe. "This should contribute to further growth in our consumer products business."

Latest Reads
Arnab Goswami to lead IPL finale debate on Star Sports

MUMBAI: Prior to the IPL finale, viewers will witness an interesting debate led by Republic World co-founder, MD and editor-in-chief and TV most prolific face Arnab Goswami. The theme of the debate is who will win the world’s toughest finals? The show will see cricket experts led by team Dean...

Television TV Channels Sports
MNX launches Super League chatbot

No one can ignore India’s crazy love for cricket, including English movie channels. MNX, the new age Hollywood channel for young India launched the very innovative MNX Super League chatbot, an interactive avatar of its TV show ‘MNX Super League’ on Facebook.

Television TV Channels English Entertainment
Porus reaches 10 Asian countries

MUMBAI: Porus is travelling internationally. The mythological show being aired on Sony Entertainment Television has made its entry in Malaysia, Vietnam, Cambodia, Brunei, Laos and Myanmar through JKN Global Media and in Indonesia with Soraya Intercine Films. Porus is now being watched in 10 Asian...

Television TV Channels GECs
India News Manch - Modi Sarkar Kitni Asardaar? India News Conclave to Analyze Modi Government’s Four Years in Power

India News, known for its direct and unbiased brand of journalism, is all set to host a special conclave Manch – Modi Sarkar, Kitni Asardaar? (How Effective Has the Modi Government Been?) in New Delhi on Friday, May 25, 2018. The day-long event will present a comprehensive overview of the BJP...

Television TV Channels News Broadcasting
How relevant is the age old Lakshman Rekha in today’s times; questions &TV with Mitegi Lakshman Rekha!

Ravan’s abduction of Sita highlighted the consequences of crossing the ‘Lakshman Rekha’ for generations. However, with the talks of gender equality, women’s liberation and financial independence, amongst others, being the topic of global discussion, how relevant is this ‘Lakshman Rekha’ in today’s...

Television TV Channels GECs
Zee Anmol most watched channel across genres

BENGALURU: Zee Entertainment Enterprises Ltd (Zeel) free to air (FTA) Hindi GEC Zee Anmol has reached the realm that has been normally occupied by the Sun TV Network’s flagship Tamil GEC Sun TV or by one of the Hindi channels that has been airing the Indian Premier League. What is remarkable is...

Television TV Channels Viewership
Star India mulls adding VR to PKL 6

MUMBAI: Star India is taking the Indian Premier League (IPL) experience to other sports. After a phenomenal reception for using virtual reality (VR) in IPL 2018, it is diversifying into Pro Kabaddi League (PKL) season six.

Television TV Channels Sports
BTVI to leverage digital mediums for growth

MUMBAI: English business news channel BTVI is completing two years in August this year. The company was transformed from Bloomberg TV India after Bloomberg decided not to renew its deal with Business Broadcast News. BTVI got its COO Megha Tata in 2016 at the same time it got its new name. 

Television TV Channels News Broadcasting
Zee TV the leader amongst GECs

As per the recently released BARC HSM weekly data (Urban + Rural) for week 20 ’18, Zee TV has claimed the top position in Hindi GEC space with 316640 impressions in HSM and 199155 impressions in urban markets and saw a robust growth across its primetime fiction shows. The channel continued to be a...

Television TV Channels GECs

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories