Entertainment One (ETO) bombed at the box office this summer. But gains in the international distributor's TV division still pushed underlying cash profits up 31 per cent to about £37m.
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Sales at the group's TV division rose nearly a third to £91m as its Peppa Pig franchise passed $1bn (£640m) in retail sales and landed nearly 200 new international broadcast and licensing deals. But the piglet is "only scratching the surface" in territories such as the US, says finance director Giles Willits. The group continues to view TV as a key growth driver, and plans to expand its production presence into the US, UK and Australia.