New Frontier Media, Inc. (NASDAQ: Noof) releases fiscal 2010 fourth Quarter
New Frontier Media, Inc. (NASDAQ: Noof) releases fiscal 2010 fourth Quarter
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Home> Money> Day Trading> New Frontier Media, Inc.? (NASDAQ: Noof) releases fiscal 2010 fourth quarter, New Frontier Media, Inc. (NASDAQ: Noof ) releases fiscal 2010 fourth quarter | Posted: June 10, 2010 | Comments: 0 |]]> Wed New Frontier Media is a leading producer and marketer of branded television networks and on- Demand programming. The company has three primary segments in its business, the transactional analysis-TV segment, the Film Production segment and the Direct-to-consumer segment.
Today, the company released its fourth . fiscal quarter financial results for the 3 months ended March 31 2010 Financial Highlights:
.1 million in sales was to .6 million for the same quarter last year
– Transactional TV segment revenue was. . .3 million to the former .7 million compared Revenue from the largest cable operator in the U.S. also declined, believed that due to lower consumer discretionary spending in response to the economic downturn
-. Film Production segment sales were up .6 million from .6 million in the prior-year quarter. This was due to several factors, including the distribution of the two horror movie content to the video and VOD platforms, and the mainstream content through the retail DVD market. Producer-for-hire and other income of .9 million, and increased
-. Direct-to-consumer segment revenue was approximately .2 million and was generally with the same quarter last year
.cost of goods sold increased realized on .4 million, compared to .3 million due to production errors costs associated with producer-for-hire revenues.
Total operating income was a loss of .9 million compared to a positive .7 million for the same quarter of 2009 includes. This represents a turnover of 5 million for Transactional TV, (.3 million) for film production, ($ 0.05 million ) in Direct-to-consumer and (.7 million €) for Corporate Administration.
Transaction Analysis TV segment distributes adult television programs on cable and satellite television company branded. The company has 9 full-time transactional adult-themed pay-per-view networks and video-on-demand services to cable and satellite operators worldwide. Content is distributed to almost every television household in the United States. Unlike its competitors, this segment does not produce its own content – chooses not to try, New Frontier Media, Inc. strategic and licenses only the movie titles that fit into its proprietary programming strategy based on independent tracking research by Rentrak Corporation, their transactional TV segment exceeds consistently contents of his next video.. -on-demand competition.
In addition, New Frontier Media is distributing a film production segment, the original films in the U.S. on premium movie channels, such as produced Cinemax and Showtime ® ®. This segment develops and produces original . event programming and a wide range of works from independent film producers in markets around the globe, it’s revenue derives from two main business areas: 1) The production and distribution of original films and TV events, and 2) The award of independent films in international markets under the Lightning Entertainment and Mainline Releasing labels. Today, these portfolios consist of over 80 titles. In 2011, he expects a 4th Installment of an episodic series that it recently completed air.
The direct-to-consumer segment is mainly by subscription revenues to its consumer websites. This segment also operates a set-top box IPTV business model.“New Frontier Media is the strategic goal for the fourth quarter ahead,” said Michael Weiner, CEO of New Frontier Media, Inc. “We grew revenue in the international segment transaction to stabilize TV over 250% compared to the prior-year quarter due to new launches, gains in shelf space and improved website performance. Our domestic Transactional TV business to. In the Film Production segment seems to have, our producer-for-hire arrangement generates about. 9 million in sales in the fourth quarter and our distribution of mainstream content to offer cable platforms continues to have significant growth in this segment, “
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