DCD Rights Purchases Electric Sky Library

LONDON: DCD Rights has acquired Electric Sky's library of programs, comprised of 253 hours across 50 titles.

DCD purchased the assets from the administrators of Electric Sales Limited (in administration) and Electric Sky Productions Limited (in administration). The acquisition was financed from a fund provided by major shareholder Timeweave Limited.

David Craven, DCD Media's CEO, commented: “This shows the continuing commitment of DCD Media and its major shareholder to growing our distribution business and will allow further revenue growth for this division. We hope to make further additions to the catalogue over the coming months.”