Entertainment One film revenue up year to date

The Canadian producer/distributor released an interim management statement after its recent acquisition of the former Alliance Films.
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Adding in former Alliance Films revenue since its recent acquisition, Entertainment One said cross-company revenue have increased 15% during the ten months to January 31, 2013.

Unveiling an interim management statement, the Canadian producer/distributor, which trades on the London Stock Exchange, said film revenues were up 24% and the integration of the Alliance Films business was “proceeding ahead of schedule.”

Also up year to date are TV revenues, which helps offset lower wholesale distribution revenue.

Entertainment One said full-year earnings to March 31, 2013 are “anticipated to be in line with management’s expectations.”