W Movies (formerly SexTV: The Channel)

Pay & Specialty – Financial Summary 2010-2014

Table of Contents

Undertaking # Service Name Licensee Licensee Ultimate Owner Type Year
305427636 W Movies (formerly SexTV: The Channel) 7202377 Canada Inc. Corus Entertainment Inc. Specialty (category B service) 2014

Revenue ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Residential/bulk/smatv subscriber revenue
DTH revenue
Local advertising revenue
National advertising revenue
Other revenue
Total Revenue 4,338,097 5,836,876 34.55 6,458,378 10.65 7,413,357 14.79 7,650,029 3.19 15.2

Expenses ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Programming and Production 1,718,870 2,866,993 66.80 3,221,497 12.37 3,007,213 -6.65 2,850,231 -5.22 13.5
Technical
Sales and Promotion
Administration and General
Total Expenses

Performance ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Operating Income
Depreciation
P.B.I.T.
Interest Expense
Adjustments - Gain (Loss)
Pre-tax Profit

Canadian Programming Expenses ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Acquisition of rights 368,531 846,129 129.60 866,765 2.44 686,391 -20.81 582,674 -15.11 12.1
Script & concept 0 8,593 n/a 54,088 529.44 53,922 -0.31 28,087 -47.91 n/a
Filler Programming + Program Production 451,867 241,542 -46.55 398,830 65.12 400,271 0.36 345,057 -13.79 -6.5
Investment in Programming 9,225 0 -100.00 0 n/a 0 n/a 0 n/a -100.0
Total Canadian Programming 829,623 1,096,264 32.14 1,319,683 20.38 1,140,584 -13.57 955,818 -16.20 3.6
Canadian Programming/Revenue (%) 19.12 18.78 20.43 15.39 12.49

Staff ($)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Total Remuneration
Total Staff Count
Avg Remuneration

Subscribers
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Subscribers

Profitability (%)
2010 2011 Var % 2012 Var % 2013 Var % 2014 Var % CAGR (%)
Operating Margin
P.B.I.T. Margin
Pre-tax Margin
Date modified: