VOD Revenue Climbs at The Erotic Networks

The Erotic Networks parent company New Frontier Media said it saw revenue jump 35% to $63.3 million for the full year ended March 31.

The company posted $12.3 million in net income, up from $11.3 million for the 2006 fiscal year.

New Frontier said revenue at its pay TV group -- which includes The Erotic Network, Pleasure, TEN Clips, TEN Xtsy, TEN Blue, TEN Blox, TEN Max and Ten On Demand -- increased 1% for the quarter ending March 31 to $11.2 million.

While pay-per-view revenue in the TV group declined 4% to $5.5 million, the company said video-on-demand revenue increased 10% to $5.3 million.