Media information continues to drive Rentrak revenue growth
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.
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