EXHIBIT 99.1
ADDITIONAL FINANCIAL INFORMATION
OPERATING INCOME BEFORE DEPRECIATION AND AMORTIZATION (“OIBDA”)
The following table sets forth OIBDA (in thousands) for the years ended December 31, 2003, 2002 and 2001:
|
| Fiscal Year |
| Fiscal Year |
| Fiscal Year |
|
OIBDA |
| 38,407 |
| 19,681 |
| 2,263 |
|
REVENUE MIX BY SEGMENT
The following table represents revenue mix by reportable segment (in millions) and as a percentage (%) of total segment revenues for the year ended December 31, 2003:
Entertainment |
|
|
|
|
| |
Domestic TV networks |
| $ | 95.3 |
| 69.6 | % |
International TV |
| 35.5 |
| 25.9 |
| |
Worldwide DVD/home video |
| 5.5 |
| 4.0 |
| |
Other |
| 0.6 |
| 0.5 |
| |
Total |
| $ | 136.9 |
| 100.0 | % |
Publishing |
|
|
|
|
| |
Subscription |
| $ | 50.1 |
| 41.5 | % |
Newsstand |
| 15.8 |
| 13.1 |
| |
Advertising |
| 36.1 |
| 29.9 |
| |
Other domestic publishing |
| 13.0 |
| 10.8 |
| |
International publishing |
| 5.7 |
| 4.7 |
| |
Total |
| $ | 120.7 |
| 100.0 | % |
Online |
|
|
|
|
| |
Subscription |
| $ | 18.2 |
| 46.9 | % |
E-Commerce |
| 16.8 |
| 43.3 |
| |
Other |
| 3.8 |
| 9.8 |
| |
Total |
| $ | 38.8 |
| 100.0 | % |
Licensing |
|
|
|
|
| |
International licensing |
| $ | 8.0 |
| 41.2 |
|
Domestic licensing |
| 3.1 |
| 16.0 |
| |
Entertainment licensing |
| 1.4 |
| 7.2 |
| |
Artwork sales |
| 3.9 |
| 20.1 |
| |
Marketing events |
| 3.0 |
| 15.5 |
| |
Total |
| $ | 19.4 |
| 100.0 | % |
REVENUE COMPOSITION
The following table represents revenues (in millions), by type of revenue from all of our groups, and as a percentage (%) of total revenue, for the year ended December 31, 2003:
Types of revenue |
|
|
|
|
| |
Pay-per-view and subscription revenues (1) |
| $ | 184.0 |
| 58.2 | % |
Advertising revenues |
| 37.5 |
| 11.9 |
| |
Licensing fees (2) |
| 35.7 |
| 11.3 |
| |
Retail sales and other (3) |
| 58.6 |
| 18.6 |
| |
Total |
| $ | 315.8 |
| 100.0 | % |
(1) Includes revenues from our domestic and U.K. television networks, subscriptions to the U.S. edition of Playboy magazine and domestic online subscriptions.
(2) Includes revenues from our international television networks (other than the U.K.), international editions of Playboy magazine, international online sites and international and domestic licensed consumer products.
(3) Includes e-commerce revenues from our domestic online sites, newsstand sales and worldwide DVD/home video sales.