Cool online video portal operator 6 Media Ltd (hereinafter referred to as "cool 6") announced as of September 30, 2010 unaudited third quarter financial results.
Reported a 2010 third quarter from prada shoes on sale continuing operations 6, cool, that online video broadcasting portal and online advertising revenue of 400 million, compared with 2010, the $ 2,900,000 the second quarter increased by 35.1% qoq . Substantial increase in advertising revenues was mainly due to the demand for video advertising continues to increase, cool, 6, and enhance the brand influence cool marketing and promotion of 6 results reflected. The previous quarter, continued investment in prada outlet content also cool 6 media more attractive to users and advertisers. In the third quarter of 2010, cool, 6 top five brand advertisers as Lenovo, Dell, Procter & Gamble, Master Kong and Wang Lao Ji.
Reported a third quarter, cool 6 net loss from continuing operations was $ 12,700,000, compared to second quarter 2010 net loss of $ 15,500,000 decreased by 18.0%, and its momentum of healthy development of verification.
Third quarter of 2010, cool, 6 further growth for the Chinese media, online video viewers information and entertainment content, core media sources. Cool 6 covers most of the information reported in the domestic and international major events, such as the prada handbags in South Africa in July, August's Zhouqu debris, and the Shanghai World Expo and more. 6 through the cool theater, "Warner area," began offering cool 6 Warner Brothers produced films, TV content. Cool 6 made the number of programs has been steadily increasing, making a 24-hour live Internet reality show "crazy fans" "Witch of the conditions" and other popular programs, has been welcomed by users and advertisers.
6 Cool Media CEO Lishan, commented, "We are very encouraged to see that, after completion of large-scale restructuring of business, we increased the advertising revenue, net loss has been narrowing. During the quarter, we began with prada handbags sale two major Hollywood Film companies, for our customers to provide more international content. We also believe that our program will further increase our self and the difference between industry peers, to strengthen our online video advertising market in China's competitiveness. "
Reported a 2010 third quarter from prada shoes on sale continuing operations 6, cool, that online video broadcasting portal and online advertising revenue of 400 million, compared with 2010, the $ 2,900,000 the second quarter increased by 35.1% qoq . Substantial increase in advertising revenues was mainly due to the demand for video advertising continues to increase, cool, 6, and enhance the brand influence cool marketing and promotion of 6 results reflected. The previous quarter, continued investment in prada outlet content also cool 6 media more attractive to users and advertisers. In the third quarter of 2010, cool, 6 top five brand advertisers as Lenovo, Dell, Procter & Gamble, Master Kong and Wang Lao Ji.
Reported a third quarter, cool 6 net loss from continuing operations was $ 12,700,000, compared to second quarter 2010 net loss of $ 15,500,000 decreased by 18.0%, and its momentum of healthy development of verification.
Third quarter of 2010, cool, 6 further growth for the Chinese media, online video viewers information and entertainment content, core media sources. Cool 6 covers most of the information reported in the domestic and international major events, such as the prada handbags in South Africa in July, August's Zhouqu debris, and the Shanghai World Expo and more. 6 through the cool theater, "Warner area," began offering cool 6 Warner Brothers produced films, TV content. Cool 6 made the number of programs has been steadily increasing, making a 24-hour live Internet reality show "crazy fans" "Witch of the conditions" and other popular programs, has been welcomed by users and advertisers.
6 Cool Media CEO Lishan, commented, "We are very encouraged to see that, after completion of large-scale restructuring of business, we increased the advertising revenue, net loss has been narrowing. During the quarter, we began with prada handbags sale two major Hollywood Film companies, for our customers to provide more international content. We also believe that our program will further increase our self and the difference between industry peers, to strengthen our online video advertising market in China's competitiveness. "