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Gold/Mining/Energy : Mainframe Entertainment (ReBoot/Beasties) -- Ignore unavailable to you. Want to Upgrade?


To: Sleeperz who wrote (193)11/24/1997 12:09:00 PM
From: D.E. Shetland  Read Replies (1) | Respond to of 459
 
3rd Qtr earnings released. Will try to get a link.

As expected, they book revenues and income upon delivery, hence lumpiness in results from quarter-to-quarter. The interesting points were that they appear to be gearing up for some significant production in both TV and Movie. Beast Wars is now #1 in the US out of all kids shows (aged 2-11)! Should be good for negotiiating next year and foreign rights. Looks like they delivered more BW last year compared to the Reboot this year. Given that the two new shows are in development, they did not deliver any. ReBoot is #1 in Canada still.

The Imax ridefilm appears to be doing extremely well, to be opend around the world now. Mentions they are reviewing "a number of movie proposals now".

Looks like they're gearing up for a few more shows and movie. That's what we need to propel earnings and give MFE the recognition it needs. At least it looks like the industry has found them and is developing projects with them. We just need to see the backlog continue to grow for TV and a have a movie delivered.