THE Chrysalis entertainment group will be busy over the next few months with a clutch of promising new television series.
They include the new
Australian serial drama Breakers, which has been sold to 18 countries and will be shown on BBC1 this autumn. Babes in the Wood for ITV is expected to become a long-running series.
All Chrysalis television subsidiaries are in profit which helped reduce group pre-tax losses from #1.7m to #894,000. As usual there is no interim dividend.
Chairman and founder Chris Wright said that the television operations, which also include the Clive James Show, Formula One sports coverage for ITV and Football Italia for Channel 4, achieved
operating profits of #2.2m.
They provided 20 hours of programmes over one weekend recently.
The group has been hit short term in its music publishing division through the payment of advances to American composers. Air Edel's Anne Dudley won an Oscar for the score for the Full Monty film.
Publishing will also benefit over the next few weeks from the English World Cup football anthem The Three Lions.
Wright is continuing to expand the radio division. He has applied for regional licences in both
Central Scotland and in the North-east of England to add to Galaxy stations in Yorkshire, Manchester, Bristol and Cardiff as well as Heart FM in London.
The shares rose 20p to 765p.
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