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Home > Company Index > Media > Television Production, Programming & Distribution > Lancit Media Entertainment, Ltd.

Lancit Media Entertainment, Ltd.
 PROFILE
Hosted by LeVar Burton and broadcast on PBS stations across the US, "Reading Rainbow" has won 13 Emmy awards for children's television producer Lancit Media Entertainment. The company also produces PBS' "The Puzzle Place," as well as movies, cable TV programs, and interactive media for children. Founded in 1979 by Larry Lancit and Cecily Truett, Lancit Media became a subsidiary of phone and cable giant RCN in 1998. A year later RCN turned around and sold Lancit to JuniorNet (a children's online service) in a deal that involved cash and a 47% stake in JuniorNet. The two companies are working to develop media properties that can cross over between television and the Web.

 COMPETITION
CINAR Corporation (CINR)
Scholastic Corporation (SCHL)
The Walt Disney Company (DIS)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1997 Sales (mil.): 3.20
1-Yr. Sales Growth: (64.8)%
Employees: 40
Revenue per employee: $80,000.00

 KEY PEOPLE
• Laurence A. Lancit
    CEO
• Bob Korneich
    CFO

 CONTACT INFO
601 W. 50th St., 6th Fl.
New York, NY 10019
US
Phone: 212-977-9100
Fax: 212-977-9164
Online: Web Site

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