LICENSING NEWS

Chinese Peppa Pig sales drive growth for eOne

Published on: 5th April 2018

Entertainment One expects a 50% leap in full-year family division sales on the back of soaring Peppa Pig growth in China.

The group said Peppa Pig continues to perform well in mature markets such as the UK and Australia, but “significant demand” for licensed products in China has been driving growth.

This has been supported by nationwide broadcast on the country’s CCTV network, through more than 45b views on Chinese video on-demand platforms and tie-ups with more than 50 licensing partners.

As a result, revenue at the family division will be up 50% on last year.

However, the firm also flagged the challenging high street landscape, pointing to the closure of Toys R Us in the US and UK.

“The group expects there to be some impact for its brands in the short term and is monitoring the situation closely with its partners,” it said, but added that the impact is “not anticipated to be significant”.

The Canada-based, UK-listed media group also said its film division is expected to see revenue decrease as a result of “both the declining volume of films released in the period, as well as the reduced contribution from related ancillary windows”.

RECENT ARTICLES

Wow! Stuff unveils new Harry Potter line-up

Mattel reports first quarter 2024 financial results

John Adams celebrates Decora Girlz dolls collection launch

Eolo makes eye contact with Pixel Hugs

Expansion for Rainbow Designs’ Key and Nationals Account team

Rubies portfolio welcomes leading Hasbro brands

Tonies and Hasbro announce launch of Learn with Peppa Tonie

Hasbro and Playmates partner on Power Rangers toy range

Moose Toys releases new range ahead of Despicable Me 4

Lego reveals Despicable Me 4 range featuring new Mega Minions