TV
Fox Kids Europe, shortly to be known as Jetix Europe, has posted rising revenues and operating income for the six months ended March 31, 2004.
"I am pleased to announce another strong set of results," said the company's Chairman and CEO Bruce Steinberg. "Our core channel business continues to go from strength to strength and we expect this success to continue as we begin to rename our channels from Fox Kids to Jetix over the next twelve months. Being part of a global programming alliance with The Walt Disney Company (Disney) is a very exciting prospect for our company and, over time, we hope to increase the amount of programming that we co-produce with Disney. This alliance started last year with the co-production W.I.T.C.H, and since then we have already added to that with the co-production Super Robot Monkey Team Hyperforce Go!, due for delivery during FY05."
Channels operated by Fox Kids Europe now reach 37.2m households. On the key financial measures, revenues stood at $87.4m (up 17% compared to the same period last year), advertising revenues jumped 53% to $24.3m, and operating income soared 181% to $9.1m.
"I am pleased to announce another strong set of results," said the company's Chairman and CEO Bruce Steinberg. "Our core channel business continues to go from strength to strength and we expect this success to continue as we begin to rename our channels from Fox Kids to Jetix over the next twelve months. Being part of a global programming alliance with The Walt Disney Company (Disney) is a very exciting prospect for our company and, over time, we hope to increase the amount of programming that we co-produce with Disney. This alliance started last year with the co-production W.I.T.C.H, and since then we have already added to that with the co-production Super Robot Monkey Team Hyperforce Go!, due for delivery during FY05."
Channels operated by Fox Kids Europe now reach 37.2m households. On the key financial measures, revenues stood at $87.4m (up 17% compared to the same period last year), advertising revenues jumped 53% to $24.3m, and operating income soared 181% to $9.1m.
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