Report

Update: Major new joint venture

eOne’s acquisition of a 51% stake in The Mark Gordon Company for $132.6m (£87m) brings it a step closer to becoming a fully-fledged ‘mini-major’ independent film and TV studio. eOne has an option to acquire the remaining 49% after seven years and we view the deal as an important next step in its development. The JV will not be fully consolidated, but there is a small (2%) enhancement to our FY16 EPS estimate.
Underlying
Entertainment One Ltd.

Entertainment One is engaged in the acquisition, production and distribution of film and television content rights across all media throughout the world.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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