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ER Acquires Classic Media Holdings

(January 12, 2007) – On 11th January 2007, Entertainment Rights Plc announced that the Company completed the acquisition of Classic Media Holdings, Inc.

Classic Media Holdings, Inc. is the US-based owner of an extensive portfolio of intellectual properties focused on children's and family characters and brands.

The Acquisition creates a leading force in the independent global children's and family entertainment market – combining key children's and family brands such as 'Postman Pat', 'Basil Brush', 'Rudolph the Red-Nosed Reindeer', 'Lassie', 'Casper the Friendly Ghost', 'Dick Tracy', 'George of the Jungle', 'Jim Jam & Sunny', 'Gerald McBoing Boing', 'Lone Ranger', 'Underdog', 'Pat the Bunny', 'Felix the Cat', 'Rupert Bear', 'He-Man', 'She-Ra', 'Jess the Cat', 'Ghostbusters' and the award winning 'Veggie Tales'.

The combined library consists of approximately 8,700 episodes of high quality programming, characters and brands.

In relation to the acquisition, Mike Heap, CEO, Entertainment Rights plc, commented:

"The acquisition results in the creation of a major global force in children's and family content, characters and brands."

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