Brilliant Digital Entertainment Losses Continue
Brilliant Digital Entertainment Inc., a developer of 3D rich media content creation, distribution and ad services technologies for the Internet, announced continued losses for the fourth quarter and fiscal year ended Dec 31, 2000. The company reported a net loss from continuing operations of $9,208,000, or $0.62 per share, for the year ended Dec. 31, 2000, compared with a net loss from continuing operations of $9,108,000, or $0.81 per share for 1999. Net revenues for 2000 from continuing operations rose 86% to $1,030,000 from $555,000 in fiscal 1999.