Channel One Down To 8,000 Schools

June 5, 2008
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During a conference call this afternoon, Alloy’s CEO Matt Diamond told listeners that Channel One was now in 8,000 schools. Five months ago, Channel One claimed 8,500 schools. This shows the loss of schools is continuing at an incredible rate of over 3 schools per day for the last five months. Obligation foresees the losses picking up steam over the summer.

Channel One is now “above water” making more money than they are spending, but that has come from horrific cuts on the expense side. Sales revenue can’t grow much as more schools non-renew than sign up.

Date
Audience
Schools
Educators
Documentation
1998 “more than 12,000”  
1999 “more than 8 million” “more than 12,000” “440,000”
1999 “8.1 million teenagers”    
2000 “over 8 million” “12,000” “400,000”
2002 “nearly 8 million teens”   “over 350,000”
2003 “nearly 8 million” “nearly 12,000”  
July 2005 “over 7.7 million” “over 350,000”
Dec. 20, 2005 “more than 7 million” “11,000” ‘over 300,000″
Oct. 9, 2007 “over 6 million”
Dec. 5, 2007 “nearly 6 million” “8,500” “more than 300,000”
June 5, 2008 “about 6 million” “8,000” “300,000” Alloy’s CEO Matt Diamond speaking to analysts on the First Quarter 2008 conference call.

 

 

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