HIT upbeat in interim

'Bob the Builder' shifts 2 million vids

LONDON — HIT Entertainment, home of “Bob the Builder” and “Barney the Dinosaur,” has posted pre-tax profits of £15.2 million ($21.6 million) for the six months to Jan. 31. Sales were $83.7 million.

The results were above expectations and roughly five times higher than those for the same period last year due to HIT’s acquisition of the U.S.’s Lyrick Studios in 2001.

HIT said it sold more than 2 million “Bob the Builder” videos in the half year. In total, the company sold 5.4 million videos.

HIT’s stock price was up 7.9% in London in early trading Wednesday.

More Biz

  • Ajit Pai Free Speech

    FCC Nears Vote to Repeal Net Neutrality Rules

    LONDON — HIT Entertainment, home of “Bob the Builder” and “Barney the Dinosaur,” has posted pre-tax profits of £15.2 million ($21.6 million) for the six months to Jan. 31. Sales were $83.7 million. The results were above expectations and roughly five times higher than those for the same period last year due to HIT’s acquisition […]

  • Bob Iger Rupert Murdoch

    Disney-Fox Will Be Global Powerhouse, Especially in Asia and Europe

    LONDON — HIT Entertainment, home of “Bob the Builder” and “Barney the Dinosaur,” has posted pre-tax profits of £15.2 million ($21.6 million) for the six months to Jan. 31. Sales were $83.7 million. The results were above expectations and roughly five times higher than those for the same period last year due to HIT’s acquisition […]

  • Disney Fox mega deal acquisition Illustration

    Disney to Buy 21st Century Fox Assets for $52.4 Billion in Historic Hollywood Merger

    LONDON — HIT Entertainment, home of “Bob the Builder” and “Barney the Dinosaur,” has posted pre-tax profits of £15.2 million ($21.6 million) for the six months to Jan. 31. Sales were $83.7 million. The results were above expectations and roughly five times higher than those for the same period last year due to HIT’s acquisition […]

  • Staff members of online news publisher

    'Young Turks' Reporter Sues HuffPost Over Sexual Assault Report

    LONDON — HIT Entertainment, home of “Bob the Builder” and “Barney the Dinosaur,” has posted pre-tax profits of £15.2 million ($21.6 million) for the six months to Jan. 31. Sales were $83.7 million. The results were above expectations and roughly five times higher than those for the same period last year due to HIT’s acquisition […]

  • Russell Simmons

    Russell Simmons Accused of Sexual Misconduct By Eight Women

    LONDON — HIT Entertainment, home of “Bob the Builder” and “Barney the Dinosaur,” has posted pre-tax profits of £15.2 million ($21.6 million) for the six months to Jan. 31. Sales were $83.7 million. The results were above expectations and roughly five times higher than those for the same period last year due to HIT’s acquisition […]

  • Disney-Fox Deal: Uncertainty, Anxiety Heighten as

    Disney-Fox: Shock, Fear and Uncertainty Heighten in Face of Impending Mega Deal

    LONDON — HIT Entertainment, home of “Bob the Builder” and “Barney the Dinosaur,” has posted pre-tax profits of £15.2 million ($21.6 million) for the six months to Jan. 31. Sales were $83.7 million. The results were above expectations and roughly five times higher than those for the same period last year due to HIT’s acquisition […]

More From Our Brands

Access exclusive content