NEWS8 February 2013
US — Media measurement firm Rentrak has reported a 32% rise in quarterly revenue to $13.7m across its Advanced Media and Information division.
Sales of its TV Essentials product doubled in the three months ended 31 December to $4.6m, while OnDemand Everywhere increased 17% to $3.1m and Box Office Essentials rose 11% to $6.1m.
Total company revenue increased 12% to $24.9m when factoring in a 5% decline in revenues in the firm’s Home Entertainment services business.
Rentrak made a loss of $1.8m for the period.
Pictured is CEO Bill Livek.
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