NEWS3 November 2010

Media information continues to drive Rentrak revenue growth

Financials North America

US— Rentrak’s media information business grew revenue 65% to $8.3m in the three-month period ending 30 September, according to figures out this week.

Its box office data business was the biggest contributor, up 192% to $4.4m thanks largely to the acquisition of Nielsen’s EDI business – without which, growth in the segment would have been 11%.

Revenue from the measurement of on-demand content increased 36% to $2m while TV measurement sales were $1.5m.

The media information business accounted for 34% of Rentrak’s total revenue for the quarter, compared with 24% a year ago.

Overall company revenue was up 13% to $24m, including $15.9m from Rentrak’s home entertainment services business, which includes its Pay-Per-Transaction (PPT) system for revenue sharing between video rental outlets and movie distributors.

Operating income and profits were down year-on-year to $241,000 and $408,000 respectively.

  • Cinetic Rights Management, a digital content distributor, has signed on as a client of Rentrak’s OnDemand Essentials service to source usage data for its FilmBuff movie-on-demand platform.