| Business Summary | | CTN
Media
Group,
Inc.,
along
with
its
subsidiaries,
is
a
targeted
media
company
specializing
in
reaching
young
adults.
As
of
June
30,
2001,
the
Company
operated
properties
in
network
television,
publishing,
online
media,
specialty
media
placement
and
marketing.
During
the
quarter
ended
June
30,
2001,
the
Company
operated
as
two
reportable
segments,
CTN
and
MPM.
CTN
includes
the
operations
of
the
College
Television
Network
(the
Network),
Link
Magazine,
iD8
Marketing
(iD8)
and
Wetair.com.
MPM
is
a
targeted
media
placement
and
promotions
company
that
reaches
the
college
student,
minority
and
military
markets.
CTN
sold
MPM
on
July
10,
2001. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | CTN
Media
Group
is
a
diversified
media
company
specializing
inreaching
targeted
audiences
through
two
segments,
College
Television
Network
and
Wetair.com.
For
the
six
months
ended
6/30/01,
revenue
fell
18%
to
$6.4
million.
Net
loss
from
continuing
operations
applicable
to
Common
totaled
$8.1
million
vs.
an
income
of
$20.9
million.
Revenues
reflect
the
impact
of
a
soft
advertising
market.
Loss
reflects
the
absence
of
the
negative
accretion
on
preferred
stock. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Jason Elkin, 53 Chairman
and CEO | $656K | Thomas Rocco, 50 Pres | 15K | Patrick Doran, 44 CFO,
Sec. | 321K | Geoffrey Kanter, 34 Director,
Pres of Armed Forces Communications, Inc. | 318K | Neil Dickson, 41 Exec.
VP, Gen. Counsel, Treasurer | 242K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|