| Proposed Ticker: BHBT | 41 Madison Avenue | |
| Exchange: NASDAQ-National Market | New York, New York 10010 | |
| Industry: Service | (212) 213-2700 |
| All share information is proposed | ||||
| Type of Shares: | Common Shares | Filing Date: | 1/24/96 | |
| U.S. Shares Filed: | 3,350,000 | Filing Range: | $12.00 - $14.00 | |
| Non-U.S. Shares Filed: | 0 | Offering Amount: | $43,550,000 | |
| Primary Shares: | 3,200,000 | Expenses: | $1,500,000 | |
| Secondary Shares: | 150,000 | Shs Out After: | 7,112,500 | |
| Manager | Tier | Phone |
| Lehman Brothers Incorporated | Lead Manager | (212) 640-6129 |
| Cowen & Company | Co-manager | (212) 495-6000 |
| Audited Income | Latest Unaudited Income | Prior Unaudited Income | Balance Sheet | ||
| 12/31/95 | 12/31/95 | ||||
| Revenue: | $24.68 | Assets: | $35.15 | ||
| Net Income: | -$6.65 | Liabilities: | $44.11 | ||
| EPS: | -$1.39 | Equity: | -$8.96 | ||
Note: Dollar amounts are in U.S. millions; Audited figures expressed as full year, unaudited figures are partial year | |||||
| Business Description |
| The company is an integrated entertainment and media company specializing in the children's market. The company produces and distributes high quality animated children's television programs and licenses and merchandises related rights to properties worldwide. It is a leading independent syndicator of animated children's television programs in the United States, second only to The Walt Disney Company, based on the company's estimated gross rating points using Nielsen Ratings. The company's animated children's programs are distributed to 194 of the 211 United States television market areas designated by Nielsen, including 40 of the top 40 of such market areas. In addition, the company provides media buying and planning services to major manufacturers and retailers of children-oriented consumer products. By combining programming and syndication with licensing and merchandising, and media buying and planning, the company offers clients comprehensive one stop entertainment and media services directed at children. |
| Use of Proceeds |
| The proceeds from the proposed offering will be used to finance up to the entire cost of production of new animated children's programs and to continue to acquire rights to properties that have already been produced, and up to an aggregate of $13 million to repay outstanding indebtedness. The company may utilize a portion of the proceeds allocated to production and acquisition of new properties for working capital and general corporate purposes pending receipt of cash flow from operations. |
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