Emerging Media Holdings (OTCBB:EMDH) today reported a 62% increase in common commercial quotas in the Capital of Moldova, which is a focal point of the company’s targeted region. Ratings of the channels owned by the company rose to 29.47% as of May 9, 2008, in comparison to 18.14% as of May 8, 2007, according to the independent AGB Nielsen data analysis.
Iurie Bordian, Chief Executive Officer of Emerging Media Holdings, stated, “We are extremely pleased with the tremendous ratings growth that our company has enjoyed over the past year. The increase in our Nielsen ratings has a direct impact on Emerging Media’s value to current and potential advertisers, and we are proud to be producing media content that our viewers want to see.”
The company primarily attributes the overall growth to its planned strategy of developing services and producing new, in-house TV programs, as well as the acquisition of Mediatopprim LTD. The recently acquired company is the exclusive operator of Russian channel TNT programs in Moldova. Mediatopprim LTD was previously owned by Gazprom Media, a wholly owned subsidiary of the Gazprom Corporation.
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