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New Frontier Media Posts Second-Quarter Results.

Publication: Wireless News
Publication Date: 09-NOV-08 		Format: Online
Delivery: Immediate Online Access
Full Article Title: New Frontier Media Posts Second-Quarter Results.(New Frontier Media Inc. financial news)(Financial report)

Article Excerpt
WIRELESS NEWS-(C)1999-2008 10Meters - http://www.10meters.com

New Frontier Media, a producer and distributor of branded television networks and on-demand programming, has posted its results for the fiscal 2009 second quarter and six-month period ended September 30.

"Our strong balance sheet with cash and investments of $15 million and no debt continues to provide us with a solid foundation from which to execute growth initiatives for existing and new markets," said Michael Weiner, chief executive officer of New Frontier Media. "New agreements in the Transactional TV segment increased our video-on-demand (VOD) content distribution by over one million network homes. We also added almost two million pay-per-view (PPV) network homes as we deepened an existing relationship with one of...

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