Wednesday, May 14, 2008

The morning press - digital signage news for May 14

Seems like it's been a slow news week! Here are some recent interesting clips from the web:

  • Vast arrays of TVs for patrons help eateries channel profits - "What seems to resonate with customers is the ability to feel a little bit like you're in your own living room - only on steroids - where you've got news, sports, cartoons, or whatever it is you like, and you can select what you want to view when you're there," [McDonald's franchisee Mark Watson] said.
  • NTN Buzztime, Inc. Announces First Quarter 2008 Results - Revenue from continuing operations decreased by $0.5 million or 7% to $7.2 million for the first quarter of 2008 compared to revenues of $7.7 million for the first quarter of 2007. Net loss from continuing operations for the first quarter of 2008 was $2.3 million compared to a net loss of $0.8 million for the first quarter of 2007. Although the customer site count declined by only approximately 4.5% comparing the 2008 first quarter with the equivalent period of 2007, revenue decreased by a higher percentage due to the longer-term effect on recurring revenues of a net decline in sites over recent quarters.
  • AirMedia Group Q1 profit surges; Guides Q2 Revenue - The Beijing, China-based company’s net income for the first quarter surged to US$7.28 million from US$1.87 million in the previous year. Net income attributable to ordinary shareholders was US$7.28 million or US$0.05 per share, compared to US$1.52 million or US$0.02 per share in the year-ago period. Net income per ADS was US$0.10, up from US$0.03 in the prior year. Adjusted net income increased to US$8.46 million or US$0.06 per share from US$1.93 million or US$0.03 per share last year. Adjusted net income per ADS rose to US$0.12 from US$0.06 in the preceding year.
  • Adspace Mall Network Expands to Tennessee - The Rivergate Mall, CoolSprings Galleria, and the Hickory Hollow Mall in Nashville have joined the Adspace Mall Network, the largest in-mall digital advertising network in the country.

Tags: ,

Looking for more digital signage info? Check out WireSpring's Kiosk and Digital Signage blog for in-depth industry analysis and even more news about the digital signage industry. While you're there, feel free to read up on our digital signage software and services

1 comment:

Empoprises said...

And now Dario Santana's out at NTN Buzztime, which is not surprising.