MTG Annual Report 2002 - Modern Times Group MTG AB

SDI Media
SDI MEDIA
The Group continued to strengthen its DVD
market position during 2002, providing
the subtitling for many new, high profile
Hollywood DVD releases including the year’s
biggest grossing film, Spiderman, and the
blockbusters Men In Black II and Minority
Report (all three of which were subtitled into
32 languages with additional features). SDI
also provided the DVD subtitling for hit TV
series such as Sex and the City, Friends, The
West Wing, The Sopranos, ER, Ally McBeal,
The Simpsons and Band of Brothers.
Despite the overall retrenching media market,
DVD subtitling volume continued to grow in
2002 due to the number, demand and
complexity of Hollywood’s releases along with
the continued digitalization of back catalogs.
Group DVD sales helped contribute to a 29%
rise in operating profits for SDI. The overall
operating margin was also positively impacted
by the efficiencies gained from new technical
developments and increased to 14% for the
full year.
The Group further consolidated its position
during the year as the leading provider of
international broadcast subtitling services,
supplying the world’s best-known television
channels including Discovery, Animal Planet,
Sony AXN, National Geographic, The Disney
Channel, Hallmark and The TNT/Cartoon
Network. SDI worked closely with both
National Geographic and the Star TV Network,
supporting their recent launch in 23 Middle
Eastern countries.
SDI Media is one of the world’s leading providers of language versioning and localization
services to the entertainment industry. SDI provides these services throughout North and
South America, Europe, the Middle East, Far East and most of Asia. SDI has agreements
with the majority of major Hollywood studios and provides the subtitling for 60% of
Hollywood’s DVD movie releases worldwide. DVD subtitling now represents 44% of
SDI’s revenues.
36 MTG Annual report and accounts 2002
1
-Enjoy your weekend.
-You too.
1 Unfaithful. Courtesy of Twentieth Century Fox Film
Corporation. All rights reserved.
2 Men In Black II. Courtesy of Sony Pictures
Entertainment. All rights reserved.