Chance for DBVB
Auckland
Dorothy Butler Video Books, Ltd, has been given a second chance to break even after threats to wind the company up were postponed. The company’s plan to sell video recordings of children’s books failed and it decided to shift its operation to Australia. A meeting of International Video Books, Ltd, a special partnership formed to finance production of the video master tapes, has given DBVB a month reprieve.
DBVB owes IVB $400,000 and IVB shareholders have offered to
wait until the end of February to see if the Austra- J lian venture is an economic proposition. r
Mrs Butler said she was ” confident the production . and marketing of the ?■ video books in Australia would turn a profit.
The size of the Australian market and savings in — packaging and sales tax meant the video cassettes could retail for $24.95, ' about $lOO less than they were offered to New * Zealanders. ;
Mrs Butler plans to sell her rights to existing and new video books to an Australian company for $30,000. That money would be paid to IVB.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/CHP19860130.2.103.16
Bibliographic details
Ngā taipitopito pukapuka
Press, 30 January 1986, Page 24
Word count
Tapeke kupu
178Chance for DBVB Press, 30 January 1986, Page 24
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Copyright in all Footrot Flats cartoons is owned by Diogenes Designs Ltd. The National Library has been granted permission to digitise these cartoons and make them available online as part of this digitised version of the Press. You can search, browse, and print Footrot Flats cartoons for research and personal study only. Permission must be obtained from Diogenes Designs Ltd for any other use.
Acknowledgements
Ngā mihi
This newspaper was digitised in partnership with Christchurch City Libraries.