Response to FSA penalty

 

TIDMERT 
 
RNS Number : 1492M 
Entertainment Rights PLC 
23 January 2009 
 

Entertainment Rights Plc 
(the "Company") 
Response to FSA Penalty 
 
Entertainment Rights Plc notes the announcement by the Financial Services 
Authority ('FSA') that it has imposed a penalty on the Company for contravention 
of Disclosure and Transparency Rules between July and September 2008. 
The Company accepts the judgment and has decided not to appeal the decision 
through the Financial Services and Markets Tribunal. 
The Company is pleased to note that the FSA has taken into account that 
Entertainment Rights plc had taken steps to strengthen its board, to bring in 
new senior management, and had admitted the breaches to the FSA and had 
co-operated fully with the investigation. 
The Company will take the GBP245,000 fine as an exceptional charge in this 
financial year. 
 
Enquiries: 
 
Entertainment Rights plc - Tel. [phone] 
Edward Knighton, Chief Financial Officer 
 
M: Communications - Tel. [phone] 
Ben Simons or Charlotte Kirkham 
 
About Entertainment Rights 
Entertainment Rights Plc (ER) is a global entertainment media company, with a 
portfolio that includes some of the world's most popular children's, family and 
pop-culture brands.  With offices in London, New York and Nashville, the Company 
specialises in the origination, acquisition and distribution of children's and 
family programming, characters and brands.  The Company's catalogue appeals to a 
broad demographic from pre-school children to young adults and families.  The ER 
catalogue consists of more than 3,600 hours of content that has been distributed 
in more than 170 territories worldwide.  ER's expertise is in the exploitation 
of its catalogue of brands and content in a number of key disciplines, including 
television and theatrical distribution, product licensing and merchandising, 
live and home entertainment, and digital media. 
Key brands in ER's global portfolio include Postman Pat , Where's Waldo?(TM), 
Tinga Tinga Tales(TM), VeggieTales , Rupert Bear , George Of The Jungle(TM), 
Lassie , Casper The Friendly Ghost , Basil Brush , Finley The Fire Engine(TM), 
The Lone Ranger , He-Man  and the Masters of the Universe , She-Ra(TM) and 
Rudolph the Red-Nosed Reindeer . 
 Visit www.entertainmentrights.com 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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