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Share Name | Share Symbol | Market | Type |
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Cortex Pharmaceuticals, | AMEX:COR | AMEX | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.00 | - |
RNS Number:9666S Chorion PLC 07 December 2003 8 December 2003 Chorion announces a very strong base for growth in 2004 and 2005, and new distribution and broadcasting deals for Noddy Chorion PLC ("Chorion") is today announcing a pan-European distribution deal with Hasbro, the leading multinational distributor of children's toys and games. Hasbro will act as a distributor for Noddy products initially in France and Belgium, where the toys and games markets are around 70% of the size of those markets in the UK. Hasbro has an option to extend the distribution agreement to other markets including Spain, Portugal, Italy and Greece. Hasbro already handles well known brands such as Bob the Builder, Star Wars, Cluedo, and Monopoly. Chorion is also announcing today that it has signed a broadcasting deal with a major Italian broadcaster for Chorion's CGI animated series, Make Way for Noddy. This agreement means that the TV series will be shown in all the territories covered by the Hasbro deal. A TV series is often instrumental in driving merchandise sales; for example, Noddy's presence in France was greatly enhanced this year when terrestrial television network France 5 began broadcasting the show. These announcements go further towards fulfilling Chorion's objective of maximising returns from Noddy in key European markets Nicholas James, Chief Executive of Chorion, said: "These deals demonstrate the further expansion of the Noddy brand, and underline Chorion's strong trading position. They cap a successful year in which we have secured the Agatha Christie multi-year output deal with ITV, further increased our publishing minimum guarantees, and recorded good performances in other areas of our business." Waheed Alli, Chairman of Chorion, said: "We now have a strong base for very significant growth in 2004 and 2005." About Chorion Chorion PLC is an owner and developer of intellectual property, with the rights to key properties such as Noddy, The Famous Five, Miss Marple, Poirot and Maigret. Created in 1949, Enid Blyton's Noddy is one of the best-loved children's characters of all time. The Noddy books have been translated into 40 languages with total sales to date in excess of 200 million. Two million Noddy books are sold each year - 36 years after his creator's death. Enquiries please call: Tim Allan Portland, for Chorion 020 7404 5344 This information is provided by RNS The company news service from the London Stock Exchange END CNTNKOKBBBDBKBK
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