The News Review:
- Walt Disney F3Q09 (Qtr End 6/27/09) Earnings Call Transcript
- Cablevision Systems Corporation. Q2 2009 Earnings Call Transcript
- RevenueWire Showcases SafeCart Single-Screen nline Shopping Cart …
- Cover Story: Cable: Act Global Think Local
- Discovery Communications Reports Second Quarter 2009 Results
- Media Networks least weak point for Disney
- VeriSign sells messaging unit to Syniverse for $175M
Walt Disney F3Q09 (Qtr End 6/27/09) Earnings Call Transcript
Seeking Alpha
As anticipated programming production costs at ABC were up versus last year?s Q3 due to the timing of pilot development write-offs and more scripted programming in the current year given last year?s writers? strike. These higher costs were partially offset by increased international sales of our shows. The timing of affiliate revenue recognition at ESPN was a key driver of our results at cable networks. Revenue recognition for a portion of our affiliate fees is dependent on when we fulfill covenants related to the quantity of live sports programming. Last year we achieved certain programming commitment levels during our third fiscal quarter. This year we reached those levels early in the fourth quarter. As a result we had an effective year-over-year increase in net affiliate revenue deferrals for Q3 of $116 million.
Related from Ko-ox: WDW Classics: It started with a steam train
Cablevision Systems Corporation. Q2 2009 Earnings Call Transcript
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Josh SapanThank you Tom. For the second quarter revenue at our national programming networks AMC IFC and WE tv increased 7% to $199 million and ACF for the quarter was $96 million an increase of 5% as compared to the prior year period. The quarterly increase in revenue included 10% increase in affiliate revenue and a 2% increase in ad revenue compared to the prior year period. This moderate advertising revenue increase was accomplished in what is widely considered to be a challenging market due to the economy. The ACF increase was driven largely by this higher revenue partly offset by higher programming expenses in the quarter. For the second year in a row AMC received more primetime Emmy nominations than any other basic cable channel. ur series Mad Men Breaking Bad and Storytellers combined for a total of 23 nominations.
RevenueWire Showcases SafeCart Single-Screen nline Shopping Cart …
PR Newswire (press release)
SafeCart is the industry’s highest-converting shopping cart raising average conversion rates by 300 to 500%. “At RevenueWire we appreciate that affiliate marketers invest in promoting the products and driving traffic to their websites and we are committed to helping our affiliates achieve the highest possible return on that investment” said Havind Sehmi President and CE of RevenueWire. “The SafeCart shopping cart increases affiliate revenue by optimizing conversion rates making it fast appealing and easy for customers to buy while dramatically reducing cart abandonment. “SafeCart effectively increases conversion rates from the industry average of 1-2% to as high as 3% to 5% consistently” added Sehmi. “In today’s challenging economy and with so much competition online that kind of improvement can mean the difference between success and failure. At Affiliate Summit East we’ll be giving affiliates the opportunity to see for themselves how SafeCart gives them a competitive edge and maximizes revenue generation to sustain and grow a thriving healthy business. Affiliate Summit East is an affiliate marketing conference taking place August 9-11 2009 in New York City.
Cover Story: Cable: Act Global Think Local
Multichannel News
Already international markets are starting to have an effect on overall results. For example in its fiscal third quarter ended in May News Corp. said Fox International Channels which houses about 140 services reaching more than 350 million households increased its earnings contribution to the company by 25% compared to the prior year driven by advertising and affiliate revenue growth in Latin America and Europe. In 2008 Viacom saw international revenue (including filmed entertainment) rise 13.
Discovery Communications Reports Second Quarter 2009 Results
PR Newswire (press release)
perating expenses would have declined 13% excluding $7 million of costs related to WN incurred in the current quarter. Excluding the impact of foreign currency fluctuations revenues increased 7% led by 9% affiliate revenue growth primarily from subscriber increases in Latin America EMEA and Asia-Pacific. Advertising revenue in local currency terms was up 3% led by growth in EMEA and the UK. Adjusted IBDA decreased 5% to $92 million as the 5% revenue decline was partially offset by a 6% decline in operating expenses which included a content charge of $11 million in the quarter primarily at our German operations and $12 million unfavorable impact related to foreign exchange. Excluding the impact of foreign currency and the content charge Adjusted IBDA increased 21% reflecting the 7% revenue growth partially offset by 1% higher operating expenses as increased programming expenses were mostly offset by lower marketing and personnel costs. Commerce Education and ther (dollars in Three Months Ended Six Months Ended millions) June 30 June 30 ———————– ———————- 2009 2008 Change 2009 2008 Change —- —- —— —- —- —— Revenues $40 $41 (2%) $89 $81 10% Adjusted IBDA $5 $(3) NM $11 $(3) NMCommerce Education and ther second quarter revenues of $40 million were slightly lower than the second quarter of 2008 as increased education revenues from higher streaming volumes was offset by lower commerce revenues as a result of the transition to a new licensing model.
Media Networks least weak point for Disney
Radio Business Report
4 billion and Cable Networks revenues declined only 1% to $2. perating income at Broadcasting decreased 34% to $204 million for the quarter primarily due to higher costs for primetime programming and lower advertising sales at the & stations and at the ABC Television Network partially offset by increased international sales of ABC Studios productions led by “Grey’s Anatomy” and “Criminal Minds. ” Higher programming costs were driven by increased pilot costs as pick-up decisions this year generally occurred in the current quarter compared to the fourth quarter of the prior year as the Writers Guild of America work stoppage led to delays in pick-up decisions. Lower advertising revenues at the ABC Television Network were primarily due to decreases in news daytime and primetime. The decrease in primetime was due to lower ratings the company said in describing the quarter. perating income at Cable Networks decreased 8% to $1.
VeriSign sells messaging unit to Syniverse for $175M
Bizjournals.com
’s messaging business. The agreement subject to working capital adjustments would bring VeriSign’s (NASDAQ: VRSN) affiliate which had a revenue run rate of about $140 million over the last year to Syniverse. “As mobile messaging volumes continue to experience double-digit growth Syniverse will have the scale reach and capabilities needed to provide mobile operators — large or small — with greater vendor choice and faster time to market for the services subscribers demand” said Tony Holcombe president and chief executive of Syniverse a wireless voice and data services company based in Tampa in a release. VeriSign based in Mountain View Calif. reported revenue of $256. 6 million in the quarter ended June 30 and a profit of $34.