Global independent studio eOne has announced its full-year results for the year ending March 31, with group reported revenues up 35% year-over-year to CAD$1.9 billion (£1.08 billion).

The increase was largely driven by revenue growth in the company’s TV (up 85%) and family (up 33%) divisions.

eOne Television revenues increased to $576.5 million (£328.2 million), due to higher global sales of content, international distribution deals for production delivered by The Mark Gordon Company (including Toronto-shot Designated Survivor) and its acquisition of California-based prodco Renegade 83.

All told eOne acquired and produced 1,023 half hours of new programming in the year, compared to 998 half hours in the prior year. Key scripted programming, included seasons one and two of Private Eyes, season one of Cardinal and season five of Saving Hope. 

On the unscripted side, eOne announced in January that it would amalgamate Vancouver-based Paperny Entertainment and Force Four Entertainment to operate as one Canadian unscripted business. According to the financial report, the amalgamation led to one-off charges of $4.6 million (£2.6 million) in the year, with annual overhead savings of $1.9 million (£1.1 million) expected going forward.

The company’s family business saw revenues of $155.6 million (£88.6 million) in 2017, driven by the continued strong performance of Peppa Pig, as well as growth from PJ Masks (pictured), produced with France’s Frog Box. eOne announced late last week that it would partner with Round Room Presents to launch a live stage show based on the popular animated series. Season two of PJ Masks is currently in production and set to be completed in fall 2018.

The family division generated $2.02 billion of retail sales in full-year 2017 (a 25% year-over-year increase) and almost 800 new and renewed broadcast and licensing agreements were concluded in the year.

eOne’s film division also saw modest revenue growth in full year 2017, up 7% to $1.04 billion (£594.2 million). The growth was driven by higher production and international sales revenues as well a 50% increase in theatrical revenues, but offset by 22% decrease in home entertainment revenues.

While eOne only released 172 titles this year, compared to 210 last year, the films generated $455 million at the box office. Key releases in the year included La La Land, Arrival, Lion, and Jackie, as well as The BFG and The Girl on the Train, which came from its partnership with Amblin Partners.

The company combined its global film and television sales teams on April 1, in an effort to streamline its operations. eOne stated in its full-year results that the company plans to combine its entire Film and Television divisions into a single studio operation, though no timelines were given.

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