Jetix Europe rides out rough six months

Jetix Europe witnessed a US$25.5 million decline in revenue, generating US$110.5 million in sales during the first six months ended March 31, 2008, the company announced today. Along with taking a US$5.9 million hit on currency exchange caused by the recent weak performance of the US greenback, Jetix suffered a significant downturn in subscription and distribution revenues.
May 15, 2008

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About The Author
Gary Rusak is a freelance writer based in Toronto. He has covered the kids entertainment industry for the last decade with a special interest in licensing, retail and consumer products. You can reach him at garyrusak@gmail.com

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