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itsinthebag - Fri, 23 Dec 05 :

Phurley

Pretty similar chat today with Neil. Yoomedia are confident that gala will make them lots more money than they could alone through increased revenues via the Gala brand. Expect to be cash flow positive throughout 2006.

"YooMedia will continue to receive a share of the gaming revenues and support and develop contracts across the initial period of in EXCESS of three years.

The financial benefit to YooMedia will be a net income contribution of between £5.1m-£8.05m depending on performance of the channel over the INITIAL period."


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