Broadcast News

Bookmark and Share
19/12/2002

Redundancies announced at HIT Entertainment

HIT Entertainment, home of 'Bob the Builder' and 'Barney the Dinosaur', are to cut 70 jobs after buying the company behind 'Thomas the Tank' Engine earlier this year.
Sixty jobs will go when the Southampton office of Gullane Entertainment, bought by HIT in October for £134m, closes shortly, with a further 10 jobs lost in North America from the closure of the Toronto and Los Angeles branches.
Shares in the group fell 6% in early trading after HIT added that consumers in the US, where the company makes 65% of their turnover, were reining in their spending.
Rob Lawes, the chief executive of HIT, said the Gullance deal, which handed it control of the legendary animated steam engine, also gave the company a bloated workforce.
HIT now employs 450 staff in the UK and the US.
(GB)
Solidmate Ltd Memory Card Hire London

Top Related Stories
Click here for the latest broadcast news stories.

21/07/2017
HHB Unveil Dolby Atmos Home Entertainment Mastering Suite
Designed to empower post-production facilities to create, edit, mix and master high quality Dolby Atmos content for Blu-ray or digital delivery, Dolby
18/07/2017
Production News : Three New Entertainment Shows Announced For Sky 1
Sky Original Productions have announced three new entertainment shows for Sky 1. The shows include, Sing It (working title), the first authentic a cap
08/06/2017
Production News : New Entertainment Show Heads To Channel 4
A new entertainment show has been commissioned for Channel 4, it has been announced. Host The Week will see a celebrity guest host an episode for one
04/04/2017
Production News : Channel 4 Appoints Commissioning Editor For Factual Entertainment
Channel 4 has appointed a new Commissioning Editor for Factual Entertainment. Gilly Greenslade will report to Head of Factual Entertainment Kelly Webb
10/05/2017
An Interview With The Big Wig Company
With 11 years of industry trade behind them, The Big Wig Company are experts in wig making for theatre, film and TV, producing bespoke made-to-measure
19/06/2006
HIT Entertainment Brings Content Encoding In-house With ContentAgent-XR
HIT Entertainment is one of the world's leading pre-school children's entertainment producers and rights owners and has an exceptional portfolio of pr
15/06/2004
Bectu claim BBC Technology bidders handed 'jobs hit list'
According to Bectu, both companies left in the race to buy BBC Technology have been shown a secret plan for redundancies. Code-named 'Project Leo', th
04/11/2005
ITV chooses AP Entertainment
AP Entertainment now provides all four ITV channels with entertainment programmes, confirming its position as not only the world's leading entertainme
27/10/2011
Thomas The Tank To Switch Ownership
A leading kids' toy and regular TV and film character is to get a new place to shunt his engine and carriages. Toy firm Mattel, Inc. has announced tha
26/06/2008
Sooty Swept Up
TV presenter of Sooty, Richard Cadell, has announced the acquisition of children's property Sooty from owners Bridgefilms, a joint venture whose share
09/11/2006
New Creative Appointments To Improve BBC Vision
Jon Beazley is to take the top job in BBC entertainment production as Controller, Entertainment Group for BBC Vision Studios, with Karen Smith becomin
25/05/2010
CR Entertainment Creates Branded Entertainment Role
A London and Dublin-based multi-platform producer best-known for creating and producing Bebo's Sofia’s Diary, the first UK internet drama to crossover
16/06/2009
Music Entertainment Formats Go Far And Wide At Zodiak Entertainment
Zodiak Entertainment has announced sales of its popular music entertainment formats to CEE, Turkey, the Middle East and Australia in the run up to DIS
20/05/2009
Zodiak Entertainment Appoints Jorg Roth As COO Of Central Entertainment Division
The global content business of DeAgostini Group, Zodiak Entertainment, has appointed Jorg Roth as Chief Operating Officer (COO) of Entertainment. Roth
29/10/2008
Eagle Rock Entertainment And Fremantlemedia Enterprises Ink Home Entertainment Music DVD Distribution Deal At MIPCOM
Eagle Rock Entertainment and FremantleMedia Enterprises (FME) has announced the signing of an output deal by which FME will release all new music DVD