Dori Records 2007 Revenue Growth

TEL AVIV, February 21: For
2007, Dori Media Group recorded revenues of $30 million, a 47-percent gain on
2006, with an after-tax profit that was up 61 percent to $6.6 million.

In the period, telenovela
broadcasting and format rights revenues were up 71 percent to $18 million.
Revenues from merchandising, music, DVD and the live show ancillary businesses
were up 21.4 percent to $6.8 million. TV channel revenues gained 14.3 percent
to $4.2 million.

International distribution
revenues accounted for 73.3 percent in the company’s intake. Of the sales
concluded in 2007, 46 percent were generated in Europe, 43.9 percent in Central
and South America, and 10.1 percent in Asia and North America.

Nadav Palti, the president and CEO of Dori Media, noted: “2007 has been a
remarkable year of growth and expansion for Dori Media. Not only have the
company’s revenues increased by another 47 percent, but we were able to
maintain our gross margins in spite of the significant investments we have made
and hold our position right at the heart of the growth areas of the telenovela
market. Our strong financial performance for 2007 is mainly attributable to the
substantial increase in the sales of broadcasting and format rights of our
shows. Our ability to produce award-winning shows such as Lalola is central to the recipe for our success and DMG’s
deal with Sony Pictures Television for the rights to broadcast Lalola in the USA will go a long way towards providing
recognition for our leading role as the main promoters of the telenovela genre
worldwide.”

—By Mansha Daswani