Back-catalogue revenues increased to 92% of total revenues in 2023, up from 80% in 2022. The report attributes this to successful new releases like I am Future and Punch Club 2.
The report links this to changes in the portfolio mix.
Page 18 of the reportBy the end of 2023, the company maintained a strong social media presence with over 1.7 million followers across platforms. It also reported c.5 billion YouTube views and over 10,000 verified influencers.
Page 14 of the reportThe company incurred $3.5 million in legal settlement fees in 2023. It also continues to face costs related to the Ukraine/Russia conflict, which are now included in operating expenses, with potential for future charges.
ANNUAL R THE YEAR ENDED FINANCIAL STATEMENTS FOR THE YEAR ENDED Business model 10 Chief Executive’s review 15 Chief Financial Officer’s review 17 Environmental, social and governance (ESG) 19 Principal risks and uncertainties 20 Corporate Governance 25 Board of Directors 25 Corporate governance report ...
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