Adult entertainment specialist Private Media Group has announced its results for the three months ending September 30th, 2008. It reported net sales of E4.6 million compared to net sales of E7.5 million for the three months ended September 30, 2007, a decrease of E2.9 million. "Due to the comparatively weaker dollar and the restructuring of our web sites, Internet sales decreased by E0.2 million to E1.1 million. Broadcasting sales decreased E1 million to E1.5 million as a result of the absence of sales of E1 million from a non-recurring title licensing deal for German speaking Europe in 2007" said the company.

Wireless sales decreased E0.3 million to E0.4 million in the period as a result of a reorganisation of content delivery structure. Going forward, the company has said it expects Internet, wireless and Broadcasting sales, in particular, to increase.

….

Other posts by :

1. Rocket Lab confirms D2C ambitions
2. Turkey establishes satellite production ecosystem
3. Italy joins Germany in IRIS2 alternate thoughts
4. Kazakhstan to create museum at Yuri Gagarin launch site
5. AST SpaceMobile gets $42 or $1500 price target
6. Analyst: GEO bloodbath taking place
7. SES AGM results: Appaloosa still objecting
8. SpaceX’s Shotwell worth $1.2bn
9. SpinLaunch’s revolutionary plan for 280 satellites

Categories: Articles, Business, Results