Shed Media profits are up

Shed Media posted a 24 per cent rise in full-year pre-tax profit, helped by lower finance costs, maintained its final dividend and said 2010 had begun well. Shed, which produced the Oscar-winning documentary “Man on Wire”, said it launched a new drama series “Garrow's Law” in the UK, while it grew business in the United States by 56 per cent in terms of programme hours.