JC: Ironically our local authority, although it's having revenue problems, has invested in our capital [infrastructure].
Movie and television companies, making fewer films and having revenue decline, have been slashing their industry-oriented advertising.
And in terms of revenue, the banks need to have the revenue of all the companies that they categorize as having revenue of $20 million or less.
Ebitda (earnings before interest, taxes, depreciation and amortization) is sometimes used as a proxy for cash flow, but having a positive operating profit or cash flow is very different from having revenue.
I was hoping that it would give them pause, but there was no reaction from the president when Mr. Wilmers responded, "I think we define small business as having revenue of $10 million or less".
Under those contracts, fewer games will be seen on broadcast television and substantially more will be on cable, which has the advantage of having revenue streams from both advertising and subscriber fees.
