Film Roman Announces Year-to-Date Figures
SIMPSONS producer Film Roman, Inc. announced a revenue decrease of 26%, or $1.3 million, to $3.7 million for the quarter ended September 30, 2001. This number is down from $5.0 million for the previous year at this time. Total revenue decreased primarily because the company delivered fewer prime time fee-for-services episodes offset by more Saturday morning fee-for-services episodes. According to a release issued by Film Roman, the negotiations of the Screen Actors Guild, Writers Guild and with show talent, plus the disaster of September 11th, have all contributed to an extremely low number of episodes being delivered during this quarter. However, for the nine months ended September 30th, the episodic delivery is well above the same period last year. Revenue for this period was up $6.6 million to $32.3 million from $25.7 million for the comparable period in 2000, primarily because the company delivered more fee-for-services episodes, a movie-of-the-week special and a live-action direct-to-video two-hour film. John Hyde, president and CEO of Film Roman, hopes that new shows, both proprietary and for hire, will help the company regain their financial momentum by the end of 2002. Film Roman is hoping to deliver episodes of HAIRBALLS and John Waters PATENT LEATHER DREAMHOUSE during fiscal 2002. The series TRIPPING THE RIFT is also expected to deliver initial episodes in late 2002 and early 2003. The new series will be in addition to episodes of THE SIMPSONS, KING OF THE HILL and X-MEN: EVOLUTION, which will be delivered for the new television season.