Posted On: 04/05/2012 10:03:24 AM
Post# of 7360
Hannover Converts 30.7% of Sales To Profits
During this same time frame, the Company has released eight new titles to the Home Video and VOD markets, and generated approximately $5.2-million in gross sales, and booked approximately $1.6- million in profits.
The great thing about these numbers is that they are now pouring more of their investment into their Core DVD business which makes them a lot more money. This conversion rate can go a LOT HIGHER than 30.7% IMHO. The 30.7% included theatrical projects that did not perform very well.
During this same time frame, the Company has released eight new titles to the Home Video and VOD markets, and generated approximately $5.2-million in gross sales, and booked approximately $1.6- million in profits.
The great thing about these numbers is that they are now pouring more of their investment into their Core DVD business which makes them a lot more money. This conversion rate can go a LOT HIGHER than 30.7% IMHO. The 30.7% included theatrical projects that did not perform very well.
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