Former CEO of PPC, Steve O'Pray, and legal and commercial director of PPC Enterprises, Mark Hurry, have revealed plans for a new licensing agency, Space Enterprises.
The duo have acquired PPC Enterprises from its group company. They retain its stable of brands, which include Monty Python, Pinky & Perky, Little Britain and The Hive.
Space Enterprises will be based in Soho and will continue to work closely with the production studio and design teams at PPC.
"This is a fantastic opportunity for us, and the timing couldn't be better as our key brands move into retail on a global basis," explained Hurry, who takes the role of director of licensing at the new agency.
MD O'Pray added: "We look forward to continuing to work with our brand partners, licensees and the licensing community generally - and over the next few weeks we will be announcing some exciting licences and the acquisition of a well-known global brand."
David Willing, creator and producer of The Hive, also endorsed the move, saying: "Mark and Steve have done a great job so far for us all on The Hive, and we look forward to taking our bees into Space with them."