6th apr, 2009

Postman Pat succumbs to the financial crisis

Entertainment Rights – The company owning the rights for Postman Pat, Casper, DuelMasters and a number of the Barbie movies, is another victim to the current crisis. The company holds a huge number of licenses for popular kids shows, but have not been able to convert this to a healthy business. The companys debt is more than 100 mill. £ so there is a large hole in the treasure chest. This large hole has now apparently been purchased by Boomerang Media which as a curious information is owned by two guys who earlier sold their company to Entertainment Rights…Boomerang indeed.

hopefully there is hope for the mail to be delivered by Pat in the future too.

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