Exclusive: Sony Pictures Television producer Electric Ray has turned a profit for the first time since launching in 2014.
The company, which made BBC Two’s My Million Pound Menu and soccer series Class of ’92: Out of Their League, posted a pre-tax profit of £74,000 in the 12 months to March 2019.
According to the earnings, filed with the UK’s Companies House, the profit was a considerable improvement on the loss of £570,000 Electric Ray reported in the year to March 2018.
The indie’s revenue stood at £6.3M in 2019, which was up 43% on the £4.4M it generated in the previous year. Some £5.5M of the revenue was made in the UK, where the company is run by managing director Meredith Chambers.
The earnings showed that Electric Ray employed seven people over the year, while the highest-paid director — likely to be Chambers — took home a salary of £160,000.
Electric Ray is currently making BBC job-swapping series Call That Hard Work,...
The company, which made BBC Two’s My Million Pound Menu and soccer series Class of ’92: Out of Their League, posted a pre-tax profit of £74,000 in the 12 months to March 2019.
According to the earnings, filed with the UK’s Companies House, the profit was a considerable improvement on the loss of £570,000 Electric Ray reported in the year to March 2018.
The indie’s revenue stood at £6.3M in 2019, which was up 43% on the £4.4M it generated in the previous year. Some £5.5M of the revenue was made in the UK, where the company is run by managing director Meredith Chambers.
The earnings showed that Electric Ray employed seven people over the year, while the highest-paid director — likely to be Chambers — took home a salary of £160,000.
Electric Ray is currently making BBC job-swapping series Call That Hard Work,...
- 1/6/2020
- by Jake Kanter
- Deadline Film + TV
Similar News
Ego Nwodim Joins Adam Pally & Stephen Curry In Peacock Comedy Series ‘Mr. Throwback’
- 5/9/2024
- by Nellie Andreeva
- Deadline Film + TV
Xbox May Look Back at 2013 as the Pivotal Moment Everything Went Wrong
- 5/9/2024
- by Lucas Lapetina
- FandomWire
Peter Bart: Paramount Yearns For “Seamless Transition” But Past Studio Takeovers Have Been Costly And Chaotic
- 5/9/2024
- by Peter Bart
- Deadline Film + TV
Come Dine with Me: The Professionals Season 2 Episode 9 Airs May 16 2024 on Channel 4
- 5/10/2024
- by Posts UK
- TV Everyday
Paul Schrader Wants Kevin Spacey to Play Frank Sinatra in Potential Biopic: ‘Cancel Culture Won’t Let Him Go’
- 5/9/2024
- by Samantha Bergeson
- Indiewire
Hawaiian Telcom renews distribution deal with Allen Media
- 5/9/2024
- by Matthew Keys
- The Desk
Andi Oliver’s Fabulous Feasts Season 1 Episode 8 Trelick Airs May 15 2024 on BBC Two
- 5/9/2024
- by Posts UK
- TV Everyday
Homes Under the Hammer Season 27 Episode 7 A Riverside Grade Two Listed Cottage Airs May 14 2024 on BBC Two
- 5/8/2024
- by Posts UK
- TV Everyday
Saving Lives at Sea Season 9 Episode 10 Hidden Dangers Airs May 14 2024 on BBC Two
- 5/8/2024
- by Posts UK
- TV Everyday
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.
More to explore
‘Fantastic Four’ Casts Ralph Ineson as Galactus (Exclusive)
- 5/9/2024
- by Borys Kit
- The Hollywood Reporter - Movie News
‘The Bear’ Season 3 Releases Teaser, Premiere Date
- 5/9/2024
- by Christy Piña
- The Hollywood Reporter - Movie News
‘Pam & Tommy’ Stars Sebastian Stan, Lily James Reteam for ‘Let The Evil Go West’ Horror Thriller
- 5/9/2024
- by Etan Vlessing
- The Hollywood Reporter - Movie News
Warner Bros. to Release New ‘Lord of the Rings’ Movie ‘The Hunt for Gollum’ in 2026, Peter Jackson to Produce and Andy Serkis to Direct
- 5/9/2024
- by Jennifer Maas
- Variety - Film News
Steve Albini, Noise Rock Pioneer and ‘In Utero’ Engineer, Dead at 61
- 5/8/2024
- by Daniel Kreps
- Rollingstone.com
Justin and Hailey Bieber Expecting First Child
- 5/9/2024
- by Chris Gardner
- The Hollywood Reporter - Movie News
Comedy Central Announces New Jon Stewart Podcast
- 5/9/2024
- by Nick Riccardo
- LateNighter
Nicholas Galitzine Felt ‘Perhaps Guilt’ for Playing Gay Roles as a Straight Man, Says He’s ‘Terrified’ of Only Being Viewed As a ‘Cut of Beef at a Meat Market’
- 5/9/2024
- by Zack Sharf
- Variety - Film News
Steve Albini, Noise Rock Pioneer and ‘In Utero’ Engineer, Dead at 61
- 5/8/2024
- by Daniel Kreps
- Rollingstone.com
Glen Powell, Anthony Mackie and Laura Dern to Star in John Lee Hancock’s Cancer Trial Drama ‘Monsanto’
- 5/8/2024
- by Angelique Jackson
- Variety Film + TV
Olivia Wilde, Gregg Araki Team On Black Bear Thriller ‘I Want Your Sex’
- 5/9/2024
- by Matt Grobar
- Deadline Film + TV
Tatiana Maslany & Rossif Sutherland To Star In ‘Keeper’, The Next Film From ‘Longlegs’ Director Osgood Perkins; Neon Pre-Buys U.S. Rights & Will Launch Int’l Sales At Cannes
- 5/9/2024
- by Andreas Wiseman
- Deadline Film + TV
MTV Documentary Films Acquires U.S. Rights to Sundance #MeToo Doc ‘Black Box Diaries’ (Exclusive)
- 5/9/2024
- by Addie Morfoot
- Variety - Film News
Melanie Lynskey, Robyn Malcolm to Lead ‘Pike River’ Thriller About New Zealand Mining Disaster, Signature Launching Sales in Cannes (Exclusive)
- 5/9/2024
- by Alex Ritman
- Variety Film + TV
‘The Sheriff’: Milo Gibson, Mark Dacascos, Tom Berenger & More Cast In Josh Tessier Crime Thriller
- 5/9/2024
- by Valerie Complex
- Deadline Film + TV
Olivia Wilde, Gregg Araki Team On Black Bear Thriller ‘I Want Your Sex’
- 5/9/2024
- by Matt Grobar
- Deadline Film + TV
‘Fantastic Four’ Casts John Malkovich
- 5/9/2024
- by Aaron Couch
- The Hollywood Reporter - Movie News
‘Poppy Playtime’ Video Game Adaptation In Works At Legendary
- 5/9/2024
- by Matt Grobar
- Deadline Film + TV
Paul Walter Hauser to Star in Game Show Drama Feature ‘Press Your Luck’
- 5/9/2024
- by Lily Ford
- The Hollywood Reporter - Movie News
Warner Bros. to Release New ‘Lord of the Rings’ Movie ‘The Hunt for Gollum’ in 2026, Peter Jackson to Produce and Andy Serkis to Direct
- 5/9/2024
- by Jennifer Maas
- Variety - Film News
‘Law & Order: Organized Crime’ Renewed, Officially Moving to Peacock for Season 5
- 5/9/2024
- TV Insider
Kristen Johnston Reunites With Chuck Lorre, Joins Leanne Morgan Netflix Comedy Series
- 5/9/2024
- by Joe Otterson
- Variety Film + TV
‘Lioness’ Renewed for Season 2 at Paramount+
- 5/9/2024
- by Joe Otterson
- Variety - TV News
‘Bluey’ Shorts Set To Premiere This Summer On Disney+ & Disney Jr.
- 5/9/2024
- by Denise Petski
- Deadline Film + TV
Lady Gaga’s ‘Chromatica Ball’ HBO Concert Special to Premiere May 25
- 5/8/2024
- by Jem Aswad
- Variety - TV News