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Wednesday, February 6, 2013
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UltraViolet Goes International
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UltraViolet in the coming months will be available in Australia, France, Germany, Ireland and New Zealand, said Time Warner CEO Jeff Bewkes.
The news was revealed by Bewkes in a Feb. 6 fiscal call with analysts. He said that with more than 9 million registered accounts and 8,500 compatible titles in North America, the time is right to expand UltraViolet internationally.
Meanwhile, Warner reported record fourth-quarter operating income of $552 million, which was 29% higher than operating income of $427 million during the previous-year period.
Warner said the increase in profit was due mainly to the timing and performance of theatrical releases, lower print and advertising expenses, and mix of television product, offset partially by the decline in home entertainment and video games revenues. |
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