EMDH.OB is Rewriting the History of Television in Moldova
Emerging Media Holdings is the parent company of Media Alianta and Analiticmedia-Grup (AMG) subsidiaries. AMG operates TV7, a news and entertainment station, which - according to AGB data analysis - has maintained second place ratings in the capital of Moldova, Chisinau. Management proudly announced that next year, based on the TV viewers’ data and assessment by professional TV market observers, channel TV7 is expected to have at least a 20% commercial quota in Moldova. More than 90% of cable television operators have already signed a contract with AMG, which translates into nearly 100,000 subscribers.
TV7 is an award winning network that has received dozens of awards stemming back to 2002. Awards have been issued from the Prime Minister, the Ministry of Economics, The Union of Sports, The United Nations and The Center of Independent Journalism. More notably, Alexander Barbov has received six awards in just five years for his high, professional standards and quality journalism.
Emerging Media Holdings has benefited from the quality programming of TV7. The total revenue in 2007 amounted to $1,139,415, an increase of 91.6% from net revenue of $594,719 for the company in 2006. The bottom line net income of EMDH increased by $179,958 to $200,949 for the fiscal year ended December 31, 2007, from a net income of $20,991 for the fiscal year ended December 31, 2006. This increase was due to higher sales and the generation of additional advertising revenues on networks such as TV7 in developing markets.
