Ann: AGM - Address to Shareholders, page-3

Hi travelightor
I attended the AGM so can provide a bit of insight. The key focus from management was on the way that media distribution is rapidly evolving.

The chairman reiterated the idea that they were in it for the longer run (if they make high quality content it will continue to have value) - Beat Bugs and their deals with Netflix seem to be extremely promising IMO - apparently Netflix are pushing hard into kids programming and that all over the internet there are videos of kids singing the songs. Merchandise sales are commencing mid way through next year and will be interesting to see how they perform.