'Supernanny' TV firm in profit jump
Supernanny and New Tricks production firm Shed Media shrugged off a "turbulent" broadcasting market with new BBC dramas and American versions of its UK hits set to drive growth.
The firm said recently announced BBC drama Young James - based on the early years of vet James Herriot - and the continued success of the US versions of Supernanny and ancestry show Who Do You Think You Are? left it well placed for the rest of the year.
Shed, which recently agreed a £100m takeover by Hollywood media giant Time Warner, posted a 22% hike in pre-tax profits to £6.2m in the six months to June 30, up from £5.1m last year.
"The UK broadcast market remains turbulent with significant changes occurring across all the major broadcasters. Against this backdrop, Shed has strengthened its position," chairman Heather Rabbatts said.