Rentrak Q4 revenue rises 40%, with doubling of TV Everywhere sales
For the full fiscal year, ending 31 March, revenue grew by a third to hit $75.6m.
Results exclude the company’s Pay Per Transaction (PPT) business, which is now listed as discontinued operations while the firm looks for a buyer for this division.
Rentrak CEO Bill Livek (pictured) said: “We are on track to sell the PPT business, as we focus our efforts on expanding the value and utilisation of Rentrak’s measurement and information services.”
- Alongside its results, the company announced that Sony Pictures Television had become the first major studio to subscribe to its TV ratings services, covering all 210 US TV markets.
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