Zinc Media Group PLC £4.3m of new TV commissions (2660W)
10 Dicembre 2019 - 8:00AM
UK Regulatory
TIDMZIN
RNS Number : 2660W
Zinc Media Group PLC
10 December 2019
10 December 2019
Zinc Media Group plc ("Zinc Media" or the "Company")
Zinc Media announces GBP4.3 million of new TV commissions and
improving gross TV margins
Zinc Media Group plc (AIM: ZIN), the leading TV and multimedia
content producer, is pleased to announce new commissions secured
since its 10 September 2019 announcement totalling GBP4.3m across
its portfolio of television production labels, with new commissions
anticipated to deliver improved margins more in-line with industry
standards.
Blakeway, the London based specialist factual producer, has won
a large international production with the US-based Smithsonian
Channel titled 'The Curious Life and Death of...'. Winning
international commissions from US-based commissioners underpins the
Group objective of growing and diversifying revenue and is part of
the four-part transformation plan laid out by the Group's new
management team in late September, which also includes improvement
of gross TV margins in London and Manchester, cultural and creative
renewal and investment in operational excellence.
Winning new business directly from the USA is an important step
in diversifying Zinc's client base. This highly repeatable format
is presented by author and medical historian Lindsey Fitzharris.
The Smithsonian channel says the format 'uses science, tests and
demonstrations to shed new light on famous murders and freak
diseases. Dr Fitzharris will uncover the secrets of icons ranging
from drug lord Pablo Escobar to Hollywood starlet Brittany Murphy
to magician Harry Houdini. Dr Fizharris will put everything about
these myserious deaths to the test and will be joined by a
revolving cast of experts, detectives, medical examiners, and
weapons gurus'.
Reef TV continues its recovery with additional programmes as
part of their Police Code Zero series for Channel 5, alongside some
international sales of the series. Also for Channel 5, the division
has picked up Britains's Craziest Christmas Lights, which
transmitted on Saturday 7(th) December.
Glasgow based Tern TV continues its strong performance with
repeat commissions of Children's Hospital, which will be produced
from Tern TV's Aberdeen Office for BBC Scotland, Emergency
Helicopter Medics for More 4 and another returning series for BBC
Scotland.
Brook Lapping, the London based documentary and current affairs
producer, is in production on a new BBC series on the second world
war.
Mark Browning, Chief Executive Officer, commented:
"It's good to see the bulk of our TV labels booking steady
revenues but more importantly I am pleased to see that new
commissions are now anticipated to deliver improved margins which
are more in-line with industry norms. Improving gross margins on TV
commissions in London and Manchester is the first priority in our
transformation plan and early signs show demonstrable progress,
which is critical for our longer term profitability."
For further information, please contact:
Zinc Media Group plc +44 (0) 20 7878 2311
Mark Browning,CEO
www.zincmedia.com
N+1 Singer (NOMAD and Joint Broker to Zinc Media) +44 (0) 20 7496 3000
Mark Taylor / Lauren Kettle
Peterhouse Capital Limited (Joint Broker) +44 (0) 20 7469 0932
Martin Lampshire / Duncan Vasey / Eran
Zucker
Notes to Editors
Zinc Media Group plc is a leading British based TV and content
creation company and operates 6 TV labels and a non-TV content
division called Zinc Communicate.
The six award winning and critically acclaimed television
production labels include: Blakeway, Brook Lapping, Films of
Record, Blakeway North, Reef Television and Tern Television, whose
brands produce television and radio programmes for both UK and
international broadcasters.
Zinc Communicate specialises in creating B2B communications
strategies and behaviour change programmes, campaigns and resources
for partners, businesses, and government departments
For further information on Zinc Media please visit:
http://www.zincmedia.com/
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END
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December 10, 2019 02:00 ET (07:00 GMT)
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