eOne records $300m library rise

Entertainment One (eOne) has seen the value of its TV and film library rise by more than 85% over the past 12 months as a result of increased investment in content.

Canada-based eOne had its collection independently audited by FTI Consulting, which valued the library at US$650m, up from $350m in 2012.

Much of the rise was due to eOne’s acquisition of Alliance Films Holdings in January and the increased investment in film and television content.

Alliance’s film library includes titles such as Pulp Fiction, Good Will Hunting, Lord of the Rings, The King’s Speech and The Hunger Games.

Darren Throop, eOne’s CEO, said: “This significant increase in our library’s value reflects the group’s continuing strategy of investing in world-class film and television content and exploiting our rights through our international network on a multi-territory, multi-platform basis.”