Hi,
Anyone know what’s going on with Character (LON:CCT) today? 20% down as of 10:30am with no news?
Thanks, Jared
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Hi,
Anyone know what’s going on with Character (LON:CCT) today? 20% down as of 10:30am with no news?
Thanks, Jared
Already have an account?
Login here
Yes, its due to Hasbro buying Entertainment One that may put its Peppa Pig distribution deal in jeopardy.
My recollection is that peppa is about 20% of £CCT sales. Does anyone have enough knowledge to understand whether the profit margin is above or below CCT's average. It must carry a fairly hefty royalty /license fee.