Publishers Weekly, February 5th, 2001
F&W PUBLICATIONS has sold the children's unit of its U.K. division, David & Charles Group, to Gullane Entertainment. Formerly known as Britt Allcroft, Gullane produces television shows and films and has been acquiring rights to a growing number of children's characters. Gullane paid [pound]800,000 ($1.1 million) in cash for the unit, and the final price could reach [pound]1.1 million ($1.6 million) if David & Charles hits certain sales targets.
The sale includes 150 backlist titles that will now be p...
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