| Business Summary | | YouthStream
Media
Networks,
Inc.,
together
with
its
subsidiaries,
is
a
media,
marketing
services,
promotions
and
Internet
company
that
targets
teenagers
13-17
years
old
and
young
adults
aged
18-24,
including
college
and
university
students.
The
Company's
media
properties
reach
this
prime
demographic
through
points
of
entry
it
has
developed
at
more
than
7,000
high
schools
and
middle
schools,
on
2,000
United
States
college
campuses,
and
at
student
hangouts
and
student-oriented
social
events.
The
Company's
Internet
communities
serve
over
3
million
members
worldwide,
many
of
them
teenagers,
young
adults
and
their
families.
By
reaching
the
teenage
and
young
adult
audience
at
school,
at
play
and
on-line,
YouthStream
has
created
an
integrated
media
model
that
provides
unique
and
valuable
marketing
opportunities
to
advertisers
and
the
entertainment
industry. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | YSTM,
operating
under
the
name
YouthStream
Media
Networks,
provides
educational,
informational
and
promotional
material
through
its
off-line
and
on-line
channels:
mybytes.com,
network
of
campus
theaters,
newspaper
placement
service,
poster
catalog,
etc.
For
the
nine
months
ended
3/31/01,
net
revenues
fell
2%
to
$23.6
million.
Net
loss
from
continuing
operations
totaled
$13.4
million,
up
from
$4.5
million.
Results
reflect
lower
media
revenues
and
higher
personnel
costs. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
3,269;
after
tax
earnings
were
-19,869. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | Harlan
D. Peltz,
Chmn. James
Lucchesi,
Pres./CEO Irwin
Engelman,
CFO. | More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
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