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ZOOtech the rebirth....

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siwel100 - Sun, 24 Dec 06 :

uknighted.....lol, yep....Actually its unlikely to ever be a problem. The main cash drop this year will be from Universal via ZIV (and ziv is unlikely to go bust in 12 weeks) and Disney. The balance of income will be from dozens of companies using the software. I am sure that some of the iDVD startups will struggle as there are always winners and losers in a new sector, but income is so widely distributed that the effect of any bad debt will always be negligable. Its one of the nice things about Zoo, their income is from a widely distributed world market rather than a couple of UK customers so other than studio contracts in the early years, dependancy is minimal.
Back to Santas beard and the point we were discussing, aside from contracts with major studios, the income is dependant upon unit sales by customers so will rarely appear as pre booked income, so actually it would rarely appear as loss of profit/income anyway..........customer supplies a unit figure, Zoo invoices, customer pays. Unless they allowed some exceedingly sloppy debt management, it would be difficult for bad debt to accumulate......cant say it wouldnt happen especially with one or two of the brand new start ups we have seen in this country but as I said before, negligable.
imo


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