Hannover House, Inc. Reports Unaudited Earnings Results for the Quarter Ended September 30, 2013
November 20, 2013 at 02:24 pm EST
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Hannover House, Inc. reported unaudited earnings results for the quarter ended September 30, 2013. For the period, the company reported total revenues of $1,205,392 income from operations of $351,687, income before income taxes and net income of $351,687. The revenue results represent an increase of approximately 61% as compared to the same reporting quarter last year; the operating, pre-tax profit results represent a reduction of approximately 19% against the prior year's income for the same quarter.
Hannover House, Inc. is a media production and distribution company. The Company is involved in book publishing, feature film and video production, and distribution of feature films and videos through various media platforms and territories worldwide. It publishes fiction and non-fiction books. The Companyâs media distribution includes the release of films to theaters, home video, digital streaming formats, television outlets and international licensors. The Company is also developing a digital streaming site, MyFlix, which consolidates feature films and television series programming owned by a range of studios and content owners into a single destination digital streaming site. The Companyâs subsidiaries include Medallion Releasing, Inc., which is engaged in handling non-Hannover House producer clients, and Bookworks, Inc., which is a special purpose entity utilized for book publishing activities, as well as for the purposes with the Screen Actors Guild.