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Jetix Europe enjoys steady growth in 2007

Jetix Europe enjoyed a net profit of US$55.5 million in fiscal 2007, representing a 2% increase in revenue over last year.
November 23, 2007

Jetix Europe enjoyed a net profit of US$55.5 million in fiscal 2007, representing a 2% increase in revenue over last year.

The year-end revenue total rang in at US$246 million, while the Pan-European net enjoyed a 3.7-million household bump in subscriptions, bringing the total number to 50.5 million across 58 countries.

CEO Paul Taylor attributed some of the gains to the company’s close relationship with Disney and universally popular properties such as High School Musical, Lilo and Stitch and Kim Possible. The company also reported strong sales for Pucca. In total, the net delivered 144 new eps and acquired/commissioned six new series in the past year.

On the consumer products side, Power Rangers, which celebrated its 15th anniversary in ’07, brought in the most cash, with its licensing revenues growing approximately 15%.

About The Author
Gary Rusak is a freelance writer based in Toronto. He has covered the kids entertainment industry for the last decade with a special interest in licensing, retail and consumer products. You can reach him at garyrusak@gmail.com

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