Question: Final Question… If you could just elaborate. You touched a bit on a prepared remark that I’m interested. You said you are reducing your production spend over the past several quarters… said due to efficiencies. Can you just elaborate more on that?Read More »
Answer: "Actually what we are saying is amortization has come down because ultimate revenue expectations have gone up. It’s one big driver on that. As we look at our ultimate revenue expectations for out programming because our performance we have on the television and digital distribution performance and revenue we are now expected to get from that programming; cross merchandising and program sales the amortization comes down."
Monday, October 22, 2012
TF Prime
Hasbro Q3 Earnings Call, Shortened TF Prime Season
Today Hasbro held their conference call to report their Q3 earnings. You can get the business details here but basically sales and profits dropped for the quarter with expectation that Christmas and the Marvel toys helping to boost the bottom line and make up the difference. As part of the call, CEO Brian Goldner revealed that The Hub is cutting their production orders for new shows. This is important for fans of The Hub cartoons and especially Transformers Prime as the current rumor is season 3 is only 13-16 episodes long. Transcript of relevant portion below.
