Dori Media Share Discussion Threads

[silverfern] 18/12/2007 08:45

Another $1m a year coming in with rental. They boght a controlling stake in a nother studio earlier this year -overall this adds cash to the books.

[silverfern] 17/12/2007 10:59

nice bit of news today - MIPCOM $2.6m sales guaranteed vs $1.97m last year - a rise of 30%

[silverfern] 07/12/2007 12:14

you can't keep a good company down - simon I have q uite a few of these but I reckon you'll have to declare your holding soon

[simon14] 07/12/2007 11:04

Just bought 5k

[simon14] 07/12/2007 10:29

Coming up to closed period last year it produced a warning of higher than expected numbers, I wouldnt be surprised to see the same again.And a big move up.

[silverfern] 30/11/2007 08:23

I think once the new year kicks in and they being management of the HOT Channel in ISrael we'll see a big move in the price. Revenues will be huge compared to current levels and the effect also of US penetration will come as they place more novellas with Spanish speaking US stations; there's 40+m hispanics in the US.

[simon14] 29/11/2007 22:27

I wouldnt be the slightest bit worried, with the markets so confused at the mo , I had half expected this pause.

[silverfern] 29/11/2007 19:55

we are wgere we were in MArch yet the performance other than the share price has been remarkable. Whatever; it rises quickly enough on good news

[simon14] 22/11/2007 14:55

Enough of this, now lets get back to a more reasonable valuation.

[papalpower] 13/11/2007 11:00

Daniel Stewart update this morning :

Dori Media - BUY

Price: 169p Target price: 278p Code: DMG.L Analyst: James Hollins | 020 7776 6571

Extremely positive MIPCOM sales

Dori Media has announced exceptionally positive immediate sales from its participation at MIPCOM in Cannes (global audiovisual content market).
The group has reported the sale of >2,300 hours of its telenovela series and formats to worldwide producers and broadcasters from 11 countries.
This equates to initial revenue of $3.7m, although Dori estimates that this could increase to $6.6m if further options are taken up within the agreements.

These figures compare to sales of 1,760 hours at MIPCOM in 2006 (annual growth of 31%), resulting in initial sales growth of 88% ($3.7m vs $2.0m), suggesting higher yield per hour sold.

The figures announced this morning reflect a significant uplift from the same event last year, demonstrating the strength of Dori's telenovela catalogue, as well as the industry excitement around its new titles (such as 'LaLola' and 'Patito Feo').

Ongoing sales of series and formats from older telenovelas ('Sos Mi Vida', 'Rebelde Way' etc) reflect the growing international demand for telenovelas and highlight the attractive recurring and high margin revenues from Dori's catalogue (currently >4,00 hours of telenovelas).

The initial sales ($3.7m) are broadly reflected in our existing forecasts (growth in FY08E TV rights revenue of 39.9%), although any additional sales may result in an increase to our estimates.

With risks on the upside, we retain our Buy recommendation and 278p price target (shares currently trading at 11.9x FY07E EPS, falling to 9.1x FY08E; EV/EBITDA to FY07E of 6.4x, FY08E 3.8x).

We also highlight our realistic bull case scenario that drives a target valuation of 400p (see note 'Driving Material Growth', 1 October 2007, Buy).

[simon14] 13/11/2007 08:30

nice contract.

[silverfern] 13/11/2007 08:06

Last year: ...."expected to generate 1.97 mln usd. This figure could rise to 3.75 mln usd if further options are exercised

This year: ....."expected to generate total combined sales of US$3.7 million with the potential total rising to US$6.6 million"

[papalpower] 13/11/2007 07:06

13th Nov 2007

DORI MEDIA GROUP

Dori Media Group ('DMG'), the international media company active in the field of television, with a focus on production, distribution, broadcasting and
merchandising of Telenovela, today announced that, only a month after its
participation in the MIPCOM audiovisual content market in Cannes (France), the
Company has sold over 2,301 hours of its Telenovela series and formats to
broadcasters from 11 countries. The deals, which were completed by DMG's fully
owned Swiss subsidiaries, Dori Media International GmbH ('DMI') and Dori Media
Distribution GmbH ('DMD'), are expected to generate total combined sales of
US$3.7 million with the potential total rising to US$6.6 million if further
options for the additional sale of more hours are exercised in the final
agreements. All of these deals have been closed at MIPCOM, however further sales are expected to be generated from the event following the conclusion of several on-going negotiations before the end of the year.

MIPCOM, an audiovisual content market event in Cannes, France, is one of the
world's largest television festivals for industry professionals from around the
globe. Dori Media once again participated in the event in October and was
provided with a unique opportunity to present to industry professionals its
4,000 TV hour library of Telenovelas.

Amongst others, Dori Media series sold at MIPCOM include: 'LaLola', 'Patito
Feo', 'Sos Mi Vida', 'Rebelde Way', 'Juanita, la Soltera' and 'The Champion'.

Nadav Palti, President and CEO of Dori Media Group, commented: 'The strength of
our Telenovela programming guaranteed another successful participation at
MIPCOM. There was high demand from TV buyers and producers from all continents
around the world for our Telenovelas at the show, with new hits like 'Lalola'
and 'Patito Feo' and more established ones such as 'Sos Mi Vida' and 'Rebelde
Way' continuing to sell very well, both in their original formats and in
flexible formats, for adaptation to local market places. Dori Media Group
continues to be an essential partner for TV channels looking to broadcast
Telenovelas and their formats on their own TV networks.'

[silverfern] 01/11/2007 15:17

I'm even more tempted now!

[silverfern] 29/10/2007 09:53

I am supposing this is the Victor Kiam scenario; they liked the studio so much they bought it! No doubt saves money in the longer term and takes awy the risk associated with rising studio costs. One further consequence would be that running costs (might) fall whilst balance sheet assets rise - bit like what happens when you buy instead of renting. I'm very tempted to add more; the recent news stream shows how they are preparing to manage a much bigger business.

[papalpower] 29/10/2007 09:49

Daniel Stewart comment :

Dori Media - BUY
Price: 182p Target price: 278p Code: DMG.L Analyst: James Hollins | 020 7776 6571

Important strategic acquisition

Dori Media has announced the acquisition of a 50% stake in Central Park Productions (CPP), an Argentinean TV production house with owned studios.
This deal cements Dori's relationship with CPP (the vendor retains a 50% stake), provides guaranteed production time at the studio facilities and should drive cost synergies by producing in-house.

The acquisition equates to $1.1m in cash (c.£0.6m) and Dori is granting CPP a loan of $1.8m (c.£0.9m) to reduce existing facilities.
CPP has worked with Dori previously (including on key productions 'LaLola' and 'Patito Feo') and, critically, has three owned production studios covering 2k square metres.

With an improved relationship with a key partner and guaranteed access to production time, compounded by potential costs savings, this is a strong strategic move for Dori Media.

There is no immediate change to our forecasts and we retain our Buy recommendation and 278p price target (53% upside), with our unchanged medium-term view that the shares could breach 400p.

The shares are currently trading at 12.8x FY07E (28.41c) and 9.8x FY08E (36.97c)

[papalpower] 29/10/2007 08:17

News today :


DORI MEDIA GROUP


Dori Media Acquires a 50% Stake in Central Park Productions S.A. and its T.V.
Production Studios in Buenos Aires, Argentina

Dori Media Group ('DMG' or 'the Company'), the international media company
active in the field of television, with a focus on production, distribution,
broadcasting and merchandising of Telenovela, announces today that Dori Media
International GmbH, a fully owned subsidiary of DMG, has finalized an agreement
to acquire, for the sum of US$1.1 million in cash, a 50% stake in Central Park
Productions S.A. ('CPP'), an Argentinean T.V. production company specializing in TV productions and providing production services, who has owned production
facilities and TV studios in Buenos Aires, Argentina, since 1997. CPP has USD
3.1 .million of debt giving the company an enterprise value of USD5.3 million.
DMG has also provided a loan to CPP for approximately US$1.8 million which
decreases CPP's current liabilities to US$1.3 million; this loan may be off-set
against future productions filmed at CPP's studios for Dori Media Contenidos
S.A. ('DMC'), DMI's wholly owned Argentinean production house.

Celina Amadeo, who will be appointed as CEO of Central Park Productions and as
Vice President of Production at DMC, holds the remaining 50% stake of CPP. Mrs.
Amadeo has an extensive background in T.V. production Owning Studios Sonotex
(1990-2000) in Buenos Aires and having produced around 50 Telenovelas, including hits such as 'Chiquititas', 'Perla Negra' and 'El Refugio'.

Incorporated in 1997, Central Park Productions has produced more than 30 of its
own Telenovelas and has assisted many other production houses with their
productions, including several for DMG. CPP has 3 production studios that cover
a combined area of approximately 2,000 square meters and approximately 500
square meters of offices. The studios are fully equipped and have the capability to film outdoors, on location. The acquisition of this 50% stake in Central Park Productions gives Dori Media Contenidos S.A. guaranteed access to, and production time at the studios. DMG has previously used the studios to shoot hits such as 'El Refugio' and 'Collar de Esmeralda'

Central Park Productions is currently servicing DMG in its new worldwide hit
production, 'LaLola' (based on the original idea of Sebastian Ortega,
Underground Productions) and the production of 'Patito Feo' which is produced by Ideas del Sur from Argentina and the Mexican media giant Televisa (DMG owns the rights to and distributes 'Patito Feo' worldwide except to the American
continent, Spain Andorra, Italy, Greece and Portugal).

Nadav Palti, President and CEO of DMG, commented: 'We are delighted at having
completed this deal which will provide Dori Media with guaranteed production
time at these very important and extremely busy studios. In addition to this,
not only will Dori Media benefit from the obvious synergies and cost savings
generated by filming at what will be our own studios, this acquisition is also
very much part of our strategy to strengthen our production arm in Latin America to make us one of the major production houses in the region.'

For further information on Dori Media Group, please visit our website on
www.dorimedia.com or contact:

[silverfern] 27/10/2007 19:19

love the name, see the dude:

[papalpower] 27/10/2007 01:41

26-10-2007


Dori Media Statement re Shareholder Dealings





DORI MEDIA GROUP

Shareholder DealingsDori Media Group ("DMG" or "the Company"), the international media company active in the field of television, with a focus on production, distribution, broadcasting and merchandising of Telenovela, has been informed that Mapal Communications Ltd. ("Mapal") has purchased Granite Hacarmel's 31.4% holding in Licensing Dynamics International ("LDI"), a licensing merchandizing company owned by Mapal. This dealing increases Mapal's indirect holdings in DMG, due to LDI's stake in Mapal Eden Telenobles Ltd which owns a direct stake in DMG and LDI's majority stake in Direct to Retail Ltd. ("DTR"), which owns a direct and indirect stake in DMG.
This current dealing takes Mapal's direct and indirect holding in DMG from
7,459,506 ordinary shares, or 36.56% of issued share capital to 8,127,359
ordinary shares, or 39.83% of the issued share capital. Mapal's direct holding
in the Company amounts to 483,625 shares or 2.37% of capital.
Because of their interest in Mapal, Ms. Tamar Mozes Borovitz and Mr. Nadav Palti now have an indirect interest in Dori Media Group of 4,780,799 (23.43%), and 1,673,280 (8.2%) ordinary shares respectively.
The conditional placing of 2,567,000 ordinary shares of NIS 0.10 par value each, announced on the 16th of October 2007, with institutional investors, will
decrease Mapal's direct and indirect holding in DMG from 39.83% of issued share
capital to 35.38% of the issued share capital. Because of their interest in
Mapal, holdings belonging to Ms. Tamar Mozes Borovitz and Mr. Nadav Palti will
decrease to 20.81% and 7.28% of the issued share capital respectively.

[simon14] 25/10/2007 12:49

Within spitting distance of the breakout.

[simon14] 18/10/2007 17:59

A more appropriate reaction to the placing.

[silverfern] 18/10/2007 16:07

I se the tickup today means the message is getting through!

[papalpower] 18/10/2007 12:45

Daniel Stewart comment today :

Dori Media - BUY

Price: 170p Target price: 278p Code: DMG.L Analyst: James Hollins | 020 7776 6571

Immense success of Youtube partnership

Dori Media has announced the launch of a fourth telenovela-dedicated site on Youtube. This follows the 'immense' success of its first three pioneering partner channels on Youtube.

Dori was the first media company to offer telenovela channels in partnership with Youtube (launching 'www.youtube.com/telenovela','www.youtube.com/rebelde' and 'www.youtube.com/nataliaoreiro' in August 2007) and is now offering unique content via its fourth channel, 'www.youtube.com/elrefugio'.

We concur with the management's view that these have been immensely successful. The sites have attracted >5m viewings since launch, with a reported 100k additional viewing every day.

As highlighted in our recent note ('Delivering Material Growth', 166p, Buy, target price 278p), the strength of Dori's owned content and ability to attract consumers to its content via the internet validates its strategy and investment in targeting multi-platform content delivery. It is clearly building substantial momentum and a broad database of consumers seeking telenovela content.

We expect the group to fully monetise the strength of demand witnessed on the Youtube sites (currently not revenue-generating) in FY08E and beyond.
Dori has an exceptional opportunity to drive substantial demand and earnings from its global telenovela production and distribution platform.

Following today's announcement we retain our profit forecasts (PBT £$7.7m FY07E, $11.1m FY08E), but edge back our EPS estimates to reflect the share placing announced yesterday (£4.2m raising, partly to fund its burgeoning internet strategy).

The shares are currently trading at just 12.0x FY07E (28.41c) and 9.2x FY08E (36.97c) and we retain our Buy recommendation and 278p price target.

[silverfern] 18/10/2007 08:31

Without wanting to swamp the thread, here is the latest RNS - I wish ADVFN would get it's 'A's together (an ADVFN competitor does it). Check the growth : 100k hits a day!!

DORI MEDIA LAUNCHES FOURTH YOUTUBE BRANDED TELENOVELA CHANNEL

Dori Media Group ('DMG' or 'the Group'), the international media company active
in the field of television, with a focus on production, distribution,
broadcasting and merchandising of Telenovela, announces that its subsidiary,
Dori Media International GmbH, has once again partnered with YouTube, the
popular video sharing website, to launch www.youtube.com/elrefugio, a branded
channel dedicated to 'El Refugio' ('The Shelter'), one of Dori Media Group's
recent and most popular telenovelas. As a result of this partnership, some 'El
Refugio' content will be made exclusively available online for the YouTube
community.

This is the fourth DMG branded channel to be launched on YouTube, following the
immense success achieved by www.youtube.com/telenovela,
www.youtube.com/rebelde and www.youtube.com/nataliaoreiro
which were the first channels dedicated to telenovela on YouTube launched by Dori Media in August. Since these channels have been aired on YouTube, there have been more than 5 million viewings of DMG's video clips, with a constant growth of an extra 100,000 viewings per day.

In September, one 'Sos Mi Vida' video clip was among the most viewed clips on
YouTube and Dori Media partner channels are now among the top 10 most viewed
partner channels on the whole of YouTube after only a brief period on air.

YouTube users have the ability to comment on clips, rate them, recommend them to friends and post their own video responses to communicate with other viewers. The new branded channel is also linked to Dori Media's official website.

Nadav Palti, President and CEO of Dori Media Group, commented: 'We are delighted at how immensely successful our YouTube partner channels have been and we are pleased to offer this dedicated 'El Refugio' site to all our viewers and to YouTube's internet users. Providing our content online gives us greater access to telenovela fans worldwide and these partnerships fit in well with our strategy to use new media platforms to promote the telenovela genre and establish our leadership in this market.'

About 'El Refugio' ('The Shelter')

'El Refugio' tells the inspiring story of a group of teenagers from different
social backgrounds who meet at an abandoned theatre by chance. There, they meet
a once famous music professor and soon unite through their passion for music to
save the theatre from destruction.