David Craven

DCD buys Electric Sky catalogue for £325k

DCD Media has picked up a 250-hour catalogue of programming from Electric Sky Sales, the distribution arm of UK indie Electric Sky, which collapsed late last year. The library comprises 50 factual titles that will be added to London-headquartered DCD’s catalogue. Titles include the Electric Sky-produced Fat Doctor series and recent productions Sky High Scrapers […]

DCD reassures investors after share price drop

UK indie DCD Media has moved to reassure shareholders that despite a big fall in its share price over recent months the group is trading in line with expectations. DCD’s share price stood at £3.70 (US$6.14) on May 30, but has today fallen to £1.60. This is slightly up from Wednesday (August 27), when it […]

Production ‘slowdown’ impacts DCD

UK indie DCD Media has said a “slowdown” in new production wil impact its full year revenues. In a trading update to the London Stock Exchange, DCD reiterated that the end of money-spinning franchise Bridezillas, which WEtv cancelled last year, would impact 2014 revenues and “has required a reshaping of the cost base”. DCD expects […]

DCD sales offset production dips as revenue stays flat

UK indie DCD Media has reported flat revenue of £7.4 million (US$12.1 million) for the first half of this year as distribution deals offset a “slower than anticipated” commissions pipeline. Yesterday, DCD issued a forward-looking profit warning following the news US cable channel WE tv would not commission an 11th season of DCD’s biggest revenue-driving […]

DCD issues revenue warning but targets new growth

DCD Media has posted a revenue warning this morning after the cancellation of key US series Bridezillas. In the wake of the news, the prodcuer and distributor’s CEO, David Craven, told TBI that he is confident its pipeline of new shows will, ultimately, offset the loss. AIM-listed DCD said WE tv’s decision not to commission […]

DCD targets Scottish drive with Objective exec hire

UK indie DCD Media has hired Location, Location, Location creator Paul Murray from Objective Scotland. Murray will become creative director, new markets of DCD-owned Matchlight Productions as part of a drive that described as “a major investment in the company’s Glasgow-based team”. Starting his newly created role on September 2, he will work closely with […]

DCD cuts losses post Timeweave takeover

UK producer-distributor DCD Media has significantly cut its losses following a surprise takeover last year, but has seen revenues drop by £3.3 million (US$5 million). The firm made an operating loss of £1.9 million for the 12 months to December 31, 2012, compared with £5.7 million the previous year. However, revenues fell 17% to £16.1 […]