Buyers Circle eOne

Various parties have expressed interest in purchasing Entertainment One, and the company finally confirms that it is carefully considering its strategic options, including the possible sale of the company.The board of Entertainment One has engaged J.P.Mor

April 6, 2018

The board of Entertainment One has engaged J.P.Morgan and Credit Suisse to co-ordinate a comprehensive review of the interested parties. No offer has yet been made, and there is no certainty yet that one will be received.

Entertainment One, founded in Canada, is 39.4 percent owned by venture capital fund Marwyn and 47 percent of its shares are in public hands. The bulk of its revenues come from film and TV distribution in the U.K. and North America.

Its library of films was valued at $250 million (£158 million) last year and its rights library includes 20,000 film and television titles and 45,000 music tracks. The company is probably best known, however, for the animated preschool series "Peppa Pig," which launched in the U.S. on Nick Jr. earlier this year with Fisher-Price toys launching in time for Christmas.

In addition to Entertainment One, Apax-owned HIT Entertainment and Chorion are also on the market.

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