MDLK » Topics » Revenue Recognition:

These excerpts taken from the MDLK 10-K filed Apr 15, 2009.
Revenue Recognition:  Revenue is recognized when the Company has substantially completed performance and no longer has a consequential obligation to its clients.  Revenue from the Company’s media communications services offerings, including the production of video and audio content and the broadcast of live events, is recognized upon substantial completion of the services being provided.  Revenue from the distribution and monitoring of video and audio news releases is recognized upon distribution.  Revenue from subscription-based services is recognized ratably over the term of the subscription.

Revenue
Recognition:  
Revenue is recognized when the Company has
substantially completed performance and no longer has a consequential obligation
to its clients.  Revenue from the Company’s media communications
services offerings, including the production of video and audio content and the
broadcast of live events, is recognized upon substantial completion of the
services being provided.  Revenue from the distribution and monitoring
of video and audio news releases is recognized upon
distribution.  Revenue from subscription-based services is recognized
ratably over the term of the subscription.



EXCERPTS ON THIS PAGE:

10-K (2 sections)
Apr 15, 2009
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