Live Company Group PLC PADDINGTON BEAR THEMED BRICKLIVE TOUR (5309G)
March 18 2020 - 2:00AM
UK Regulatory
TIDMLVCG
RNS Number : 5309G
Live Company Group PLC
18 March 2020
18 March 2020
LIVE COMPANY GROUP PLC
("LVCG", the "Company" or the "Group")
AGREEMENT TO PRODUCE PADDINGTON BEAR THEMED BRICKLIVE TOUR
Live Company Group plc (AIM: LVCG, "the Company") is pleased to
announce that its wholly owned subsidiary, Brick Live International
Limited ("BLI"), has entered into an agreement with The Copyrights
Group Limited, to produce a touring interactive experience based on
the Paddington Bear brand.
Paddington Bear is an iconic fictional character in children's
literature created by Michael Bond and illustrated by Peggy
Fortnum. First published in 1958, the Paddington books have sold
more than 35 million copies worldwide and have been translated into
over 40 different languages. The hugely acclaimed Paddington Bear
movie was released in 2014, with a second movie released in 2017
and, in 2019, it was announced Paddington will air on Nickelodeon's
networks worldwide in 2020.
Under the terms of the agreement, BLI has been granted rights to
produce and exhibit a themed trail of Paddington Bear building
brick based models which will tour the UK, Ireland and the Channels
Islands, with the first tour expected to launch later in 2020. The
agreement is for an initial period to the end of February 2023,
with BLI paying a royalty fee based on the revenues generated from
the themed tour.
Acquiring new IP properties is a core part of the Company's
strategy in terms of delivering both value creation and future
revenue growth. The addition of the Paddington Bear themed
experience represents another important step in the Company's
vision of being the number one provider of brick themed interactive
experiences that appeal to families.
David Ciclitira, Chairman, Live Company Group said: "We are
delighted to be adding Paddington Bear to our expanding collection
of IP Properties. Paddington Bear is one of the most well loved
characters in children's literature and we are delighted to be
bringing this to life by developing models and interactive trails
for children to enjoy.
The Company is now placed in a very unique position, delivering
BRICKLIVE theme tours of some of the most popular children's
entertainment brands and characters globally".
Enquiries:
Live Company Group Plc Tel: 020 7225 2000
Ruth Cunningham , Chief Operating Officer
Strand Hanson Limited (Nominated Adviser) Tel: 020 7409 3494
Stuart Faulkner / Richard Tulloch / James Dance
Shard Capital Partners LLP (Broker) Tel: 020 7186 9952
Damon Heath
This announcement contains inside information for the purposes
of Article 7 of the Market Abuse Regulation (EU) No 596/2014.
LIVE COMPANY GROUP
Live Company Group plc ("LVCG", the "Company" or the "Group") is
a live events and entertainment Company, founded by David Ciclitira
in December 2017. The Company was admitted to trading on AIM in
December 2017, following the reverse acquisition of Brick Live
Group and Parallel Live Group by LVCG.
The Group is a network of partner-driven fan-based shows using
BRICKLIVE created content worldwide. The Company owns the rights to
BRICKLIVE - an interactive experience built around the creative
ethos of the world's most popular construction toy bricks.
BRICKLIVE, which is fast becoming a leading children's education
and entertainment brand, actively encourages all to learn, build
and play, and provides inspirational events and shows where
like-minded fans can push the boundaries of their creativity.
Bright Bricks is the Group's production centre for building brick
based models. The Group is an independent producer of BRICKLIVE and
is not associated with the LEGO Group.
Website: www.livecompanygroup.com .
About Paddington
For over 60 years, British-born writer Michael Bond has
delighted children and families all over the world with his stories
about Paddington, the bear from Darkest Peru famous for his love of
marmalade. Paddington is popular with both children and adults who
feel affectionate and warm towards him and the charm and humour of
the Paddington stories is the key to their enduring popularity.
Paddington's adventures have been adapted several times for
television and at the end of 2014 Paddington made his debut onto
the big screen, a further film Paddington 2 followed in 2017 with a
third in the works. The movies were produced by Studiocanal, part
of the international content and media group Vivendi. A new
Paddington TV series also from Studiocanal is set to launch on
Nickelodeon in 2020.
Follow Paddington on Twitter at @paddingtonbear.
Like Paddington's Facebook page at
https://www.facebook.com/PaddingtonBear/
(c)P&Co. Ltd./SC 2019
Licensed on behalf of STUDIOCANAL S.A.S by Copyrights Group
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END
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