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Dori Media Group (DMG)

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Wednesday 11 May, 2011

Dori Media Group

Trading Statement

Trading Statement

DORI MEDIA GROUP

TRADING UPDATE

Tel-Aviv, Israel – May 11, 2011 Dori Media Group (“Dori Media”, “DMG”, the “Company” or the “Group”), the international media company active in the field of television, with a focus on production, distribution, broadcasting and merchandising of Telenovela and Drama, announces that prior to the proposed delisting of DMG, the directors confirm that the Company’s current trading is satisfactory. Turnover and earnings before interest, taxation, depreciation and amortisation (“EBITDA”) is in line with market expectation for the year to 31 December 2011. The Company’s policy of amortising the value of its library may lead to profit before tax being weaker than expected. Shareholders should note that if the Company’s proposed delisting becomes effective the Company will no longer be under an obligation to provide further trading updates and does not currently intend to do so.

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For further information on Dori Media Group, please visit our website on www.dorimedia.com or contact:

Dori Media Group Ltd.   Shared Value Limited
Nadav Palti, CEO & President Mark Walter

Tel: +972 3 7684000

 

Investor & Media relations

[email protected]

Tel. +44 (0) 20 7321 5010

[email protected]

Daniel Stewart & Company
Paul Shackleton/Oliver Rigby

 

Tel. +44 (0) 20 7776 6550

Dori Media Group is an international group of media companies, located in Israel, Switzerland, Argentina and the US. The group produces and distributes TV and New Media content, broadcasts various TV channels and operates video-content internet sites. The group owns approximately 5,250 TV hours, more than 5,000 clips of 3 minutes on average, 120 - 9 minute webisodes and around 556 1-5 minute cellular episodes of Telenovelas and daily series that it sells to a wide variety of audiences in more than 80 countries. It owns and operates two telenovela channels, Viva and Viva Platinum broadcasted on all Israeli multi-channel platforms and via the co-branded internet site offering telenovelas to Israeli surfers through Walla.com. Dori Media Paran and Dori Media Darset produce top-end series as well as daily dramas for the Israeli and international markets. Dori New Media develops and produces formats specially tailored for the internet and cellular platforms, and realizes new opportunities enabled by the new technologies. Dori Media Spike packages, produces and operates the main movie channels on the Israeli cable TV platform and general entertainment channels on all Israeli TV multi-channel platforms. In Indonesia and Malaysia, the company operates the Televiva Vision 2 channel that is devoted to telenovelas and Baby TV Vision 3 for toddlers, in addition to the Ginx gamers’ channel. Ginx is localized and broadcasted to Turkey as well. Novebox operates an ad-based VOD and SVOD commercial internet site targeted at the Hispanic and Latin American audience offering a variety of shows and movies. The group is traded on the London Stock Exchange where its symbol is DMG. For more information on Dori Media, visit our corporate website at http://www.dorimedia.com/.


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