You will be redirected back to your article in seconds

TV Loonland’s revved up

EBIAT jump to $9.7 mil, profits hit $7.3 mil

LONDON — In a welcome break from a run of disappointing annual figures, German kidvidder TV Loonland said Thursday that its revenues for 2000 reached DM145.1 million ($67 million), surpassing its projections by 9% and upstaging its 1999 revenues over tenfold.

Earnings before interest and tax increased to $9.7 million from $3.3 million in 1999, while profits hit $7.3 million.

“These great results in our first year on the stock exchange gives us the possibility to expand our position as a leading independent major,” company honcho Peter Volkle said.

TV Loonland has a cash position of some $29.3 million-$33.8 million. Shares closed up 2.82% at $22.23 Thursday.

“It’s especially good when you consider that accountants are being really strict at present,” Merrill Lynch analyst Bernard Tubeileh told Daily Variety.

TV Loonland is expected to announce a major TV deal in Eastern Europe during next week’s Mip TV market.

More TV

  • Manifest NBC Pilot

    TV Ratings: 'Manifest' Pops in Premiere, 'Magnum PI' Gets Solid Start

    LONDON — In a welcome break from a run of disappointing annual figures, German kidvidder TV Loonland said Thursday that its revenues for 2000 reached DM145.1 million ($67 million), surpassing its projections by 9% and upstaging its 1999 revenues over tenfold. Earnings before interest and tax increased to $9.7 million from $3.3 million in 1999, […]

  • Trent Reznor Atticus Ross

    Trent Reznor, Atticus Ross to Keynote Variety's First Music for Screens Summit

    LONDON — In a welcome break from a run of disappointing annual figures, German kidvidder TV Loonland said Thursday that its revenues for 2000 reached DM145.1 million ($67 million), surpassing its projections by 9% and upstaging its 1999 revenues over tenfold. Earnings before interest and tax increased to $9.7 million from $3.3 million in 1999, […]

  • Gigi PritzkerTune In! Variety's TV Summit,

    Listen: Producer Gigi Pritzker on Staying Nimble and Embracing Risk

    LONDON — In a welcome break from a run of disappointing annual figures, German kidvidder TV Loonland said Thursday that its revenues for 2000 reached DM145.1 million ($67 million), surpassing its projections by 9% and upstaging its 1999 revenues over tenfold. Earnings before interest and tax increased to $9.7 million from $3.3 million in 1999, […]

  • Choas at NBC

    Chaos at NBC: Bob Greenblatt's Exit, Scrutiny Over Andy Lack Rock Network

    LONDON — In a welcome break from a run of disappointing annual figures, German kidvidder TV Loonland said Thursday that its revenues for 2000 reached DM145.1 million ($67 million), surpassing its projections by 9% and upstaging its 1999 revenues over tenfold. Earnings before interest and tax increased to $9.7 million from $3.3 million in 1999, […]

  • 'Front Page With Keith Morrison: Steven

    'Making a Murderer' Part 2 Premiere Date Set at Netflix

    LONDON — In a welcome break from a run of disappointing annual figures, German kidvidder TV Loonland said Thursday that its revenues for 2000 reached DM145.1 million ($67 million), surpassing its projections by 9% and upstaging its 1999 revenues over tenfold. Earnings before interest and tax increased to $9.7 million from $3.3 million in 1999, […]

  • Supporters of Planned Parenthood dress in

    How 'Handmaid's Tale' Costumes Became a Symbol of the Resistance

    LONDON — In a welcome break from a run of disappointing annual figures, German kidvidder TV Loonland said Thursday that its revenues for 2000 reached DM145.1 million ($67 million), surpassing its projections by 9% and upstaging its 1999 revenues over tenfold. Earnings before interest and tax increased to $9.7 million from $3.3 million in 1999, […]

  • 'Haunting of Hill House' Review: Netflix

    TV Review: Netflix's 'The Haunting of Hill House'

    LONDON — In a welcome break from a run of disappointing annual figures, German kidvidder TV Loonland said Thursday that its revenues for 2000 reached DM145.1 million ($67 million), surpassing its projections by 9% and upstaging its 1999 revenues over tenfold. Earnings before interest and tax increased to $9.7 million from $3.3 million in 1999, […]

More From Our Brands

Access exclusive content