WBMD » Topics » Revenue Recognition

This excerpt taken from the WBMD 8-K filed Jul 2, 2009.
Revenue Recognition
 
Revenue from advertising is recognized as advertisements are delivered or as publications are distributed. Revenue from sponsorship arrangements, content syndication and distribution arrangements, and licenses of healthcare management tools and private portals as well as related health coaching services are recognized ratably over the term of the applicable agreement. Revenue from the sponsorship of CME is recognized over the period the Company substantially completes its contractual deliverables as determined by the applicable agreements. When contractual arrangements contain multiple elements, revenue is allocated to each element based on its relative fair value determined using prices charged when elements are sold separately. In certain instances where fair value does not exist for all the elements, the amount of revenue allocated to the delivered elements equals the total consideration less the fair value of the undelivered elements. In instances where fair value does not exist for the undelivered elements, revenue is recognized when the last element is delivered.
 
These excerpts taken from the WBMD 10-K filed Feb 27, 2009.
Revenue Recognition
 
Revenue is derived from the Company’s Online Services and Publishing and Other Services segments:
 
  •  Online Services.  The Company generates revenue from its public portals through the sale of advertising and sponsorship products. The Company generates revenue from private portals through the licensing of its content and technology to employers, payers and others. The Company also distributes its online content and services to other entities and generates revenue from these arrangements from the sale of advertising and sponsorship products and from content syndication fees.
 
  •  Publishing and Other Services.  The Company generates revenue from sales of advertisements in WebMD the Magazine, and sales of The Little Blue Book directories and advertisements in those directories. As a result of the acquisition of the assets of Conceptis Technologies, Inc. in December 2005, the Company also generated revenue from in-person CME programs through December 31, 2006. The Company sold its medical reference publications business as of December 31, 2007 and the revenue and expenses of this business are shown as discontinued operations for all periods presented.
 
Revenue from advertising is recognized as advertisements are delivered or as publications are distributed. Revenue from sponsorship arrangements, content syndication and distribution arrangements, and licenses of healthcare management tools and private portals as well as related health coaching services are recognized ratably over the term of the applicable agreement. Revenue from the sponsorship of CME is recognized over the period the Company substantially completes its contractual deliverables as determined by the applicable agreements. When contractual arrangements contain multiple elements, revenue is allocated to each element based on its relative fair value determined using prices charged when elements are sold separately. In certain instances where fair value does not exist for all the elements, the amount of revenue allocated to the delivered elements equals the total consideration less the fair value of the undelivered elements. In instances where fair value does not exist for the undelivered elements, revenue is recognized when the last element is delivered.
 
Revenue
Recognition



 



Revenue is derived from the Company’s Online Services and
Publishing and Other Services segments:


 


























  • 

Online Services.  The Company generates revenue
from its public portals through the sale of advertising and
sponsorship products. The Company generates revenue from private
portals through the licensing of its content and technology to
employers, payers and others. The Company also distributes its
online content and services to other entities and generates
revenue from these arrangements from the sale of advertising and
sponsorship products and from content syndication fees.
 
  • 

Publishing and Other Services.  The Company
generates revenue from sales of advertisements in WebMD the
Magazine
, and sales of The Little Blue Book
directories and advertisements in those directories. As a
result of the acquisition of the assets of Conceptis
Technologies, Inc. in December 2005, the Company also generated
revenue from in-person CME programs through December 31,
2006. The Company sold its medical reference publications
business as of December 31, 2007 and the revenue and
expenses of this business are shown as discontinued operations
for all periods presented.


 



Revenue from advertising is recognized as advertisements are
delivered or as publications are distributed. Revenue from
sponsorship arrangements, content syndication and distribution
arrangements, and licenses of healthcare management tools and
private portals as well as related health coaching services are
recognized ratably over the term of the applicable agreement.
Revenue from the sponsorship of CME is recognized over the
period the Company substantially completes its contractual
deliverables as determined by the applicable agreements. When
contractual arrangements contain multiple elements, revenue is
allocated to each element based on its relative fair value
determined using prices charged when elements are sold
separately. In certain instances where fair value does not exist
for all the elements, the amount of revenue allocated to the
delivered elements equals the total consideration less the fair
value of the undelivered elements. In instances where fair value
does not exist for the undelivered elements, revenue is
recognized when the last element is delivered.


 




This excerpt taken from the WBMD DEF 14A filed Nov 5, 2008.
Revenue Recognition
 
Revenue is derived from the Company’s Online Services and Publishing and Other Services segments:
 
  •  Online Services.  The Company generates revenue from its public portals through the sale of advertising and sponsorship products. The Company generates revenue from private portals through the licensing of its content and technology to employers, payers and others. The Company also distributes its online content and services to other entities and generates revenue from these arrangements from the sale of advertising and sponsorship products and from content syndication fees.
 
  •  Publishing and Other Services.  The Company generates revenue from sales of The Little Blue Book physician directory and from sales of advertisements in those directories and WebMD the Magazine. As a result of the acquisition of the assets of Conceptis Technologies, Inc. in December 2005, the Company also generated revenue from in-person CME programs in 2006. As of December 31, 2006, these services were no longer offered by the Company. The Company sold its medical reference publications business as of December 31, 2007 and the revenue and expenses of this business are shown as discontinued operations for all periods presented.
 
Revenue from advertising is recognized as advertisements are delivered or as publications are distributed. Revenue from sponsorship arrangements, content syndication and distribution arrangements, and licenses of healthcare management tools and private portals as well as related health coaching services are recognized ratably over the term of the applicable agreement. Revenue from the sponsorship of CME is recognized over the period the Company substantially completes its contractual deliverables as determined by the applicable agreements. When contractual arrangements contain multiple elements, revenue is allocated to each element based on its relative fair value determined using prices charged when elements are sold separately. In certain instances where fair value does not exist for all the elements, the amount of revenue allocated to the delivered elements equals the total consideration less the fair value of the undelivered elements. In instances where fair value does not exist for the undelivered elements, revenue is recognized when the last element is delivered.
 
WebMD 2007 Annual Report — Financial Statements Annex
 
Annex B-1 – Page 13


Table of Contents

 
WEBMD HEALTH CORP.
 
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
 
 
These excerpts taken from the WBMD 10-K filed Feb 29, 2008.
Revenue Recognition
 
Revenue is derived from the Company’s Online Services and Publishing and Other Services segments:
 
  •  Online Services.  The Company generates revenue from its public portals through the sale of advertising and sponsorship products. The Company generates revenue from private portals through the licensing of its content and technology to employers, payers and others. The Company also distributes its online content and services to other entities and generates revenue from these arrangements from the sale of advertising and sponsorship products and from content syndication fees.
 
  •  Publishing and Other Services.  The Company generates revenue from sales of The Little Blue Book physician directory and from sales of advertisements in those directories and WebMD the Magazine. As a result of the acquisition of the assets of Conceptis Technologies, Inc. in December 2005, the Company also generated revenue from in-person CME programs in 2006. As of December 31, 2006, these services were no longer offered by the Company. The Company sold its medical reference publications business as of December 31, 2007 and the revenue and expenses of this business are shown as discontinued operations for all periods presented.
 
Revenue from advertising is recognized as advertisements are delivered or as publications are distributed. Revenue from sponsorship arrangements, content syndication and distribution arrangements, and licenses of healthcare management tools and private portals as well as related health coaching services are recognized ratably over the term of the applicable agreement. Revenue from the sponsorship of CME is recognized over the period the Company substantially completes its contractual deliverables as determined by the applicable agreements. When contractual arrangements contain multiple elements, revenue is allocated to each element based on its relative fair value determined using prices charged when elements are sold separately. In certain instances where fair value does not exist for all the elements, the amount of revenue allocated to the delivered elements equals the total consideration less the fair value of the undelivered elements. In instances where fair value does not exist for the undelivered elements, revenue is recognized when the last element is delivered.
 
Revenue
Recognition



 



Revenue is derived from the Company’s Online Services and
Publishing and Other Services segments:


 


























  • 

Online Services.  The Company generates revenue
from its public portals through the sale of advertising and
sponsorship products. The Company generates revenue from private
portals through the licensing of its content and technology to
employers, payers and others. The Company also distributes its
online content and services to other entities and generates
revenue from these arrangements from the sale of advertising and
sponsorship products and from content syndication fees.
 
  • 

Publishing and Other Services.  The Company
generates revenue from sales of The Little Blue Book
physician directory and from sales of advertisements in
those directories and WebMD the Magazine. As a result of
the acquisition of the assets of Conceptis Technologies, Inc. in
December 2005, the Company also generated revenue from in-person
CME programs in 2006. As of December 31, 2006, these
services were no longer offered by the Company. The Company sold
its medical reference publications business as of
December 31, 2007 and the revenue and expenses of this
business are shown as discontinued operations for all periods
presented.


 



Revenue from advertising is recognized as advertisements are
delivered or as publications are distributed. Revenue from
sponsorship arrangements, content syndication and distribution
arrangements, and licenses of healthcare management tools and
private portals as well as related health coaching services are
recognized ratably over the term of the applicable agreement.
Revenue from the sponsorship of CME is recognized over the
period the Company substantially completes its contractual
deliverables as determined by the applicable agreements. When
contractual arrangements contain multiple elements, revenue is
allocated to each element based on its relative fair value
determined using prices charged when elements are sold
separately. In certain instances where fair value does not exist
for all the elements, the amount of revenue allocated to the
delivered elements equals the total consideration less the fair
value of the undelivered elements. In instances where fair value
does not exist for the undelivered elements, revenue is
recognized when the last element is delivered.


 




This excerpt taken from the WBMD 10-K filed May 10, 2007.
Revenue Recognition
 
Revenue is derived from the Company’s Online Services and Publishing and Other Services segments:
 
  •  Online Services.  The Company generates revenue from its public portals through the sale of advertising and sponsorship products. The Company generates revenue from private portals through the licensing of its content and technology to employers, payers and others. The Company also distributes its online content and services to other entities and generates revenue from these arrangements from the sale of advertising and sponsorship products and from content syndication fees.
 
  •  Publishing and Other Services.  The Company generates revenue from sales of subscriptions to its medical reference publications, from sales of The Little Blue Book physician directory and from sales of advertisements in those directories and WebMD the Magazine. As a result of the acquisition of the assets of Conceptis Technologies, Inc. in December 2005, the Company also generates revenue from in-person CME programs.
 
Revenue from advertising is recognized as advertisements are delivered or as publications are distributed. Revenue from sponsorship arrangements, content syndication and distribution arrangements, and licenses of healthcare management tools and private portals as well as related health coaching services are recognized ratably over the term of the applicable agreement. Revenue from the sponsorship of CME is recognized over the period the Company substantially completes its contractual deliverables as determined by the applicable agreements. Subscription revenue is recognized over the subscription period. When contractual arrangements contain multiple elements, revenue is allocated to each element based on its relative fair value determined using prices charged when elements are sold separately. In certain instances where fair value does not exist for all the elements, the amount of revenue allocated to the delivered elements equals the total consideration less the fair value of the undelivered elements. In instances where fair value does not exist for the undelivered elements, revenue is recognized when the last element is delivered.
 
This excerpt taken from the WBMD 10-K filed Mar 2, 2007.
Revenue Recognition
 
Revenue is derived from the Company’s Online Services and Publishing and Other Services segments:
 
  •  Online Services.  The Company generates revenue from its public portals through the sale of advertising and sponsorship products. The Company generates revenue from private portals through the licensing of its content and technology to employers, payers and others. The Company also distributes its online content and services to other entities and generates revenue from these arrangements from the sale of advertising and sponsorship products and from content syndication fees.
 
  •  Publishing and Other Services.  The Company generates revenue from sales of subscriptions to its medical reference publications, from sales of The Little Blue Book physician directory and from sales of advertisements in those directories and WebMD the Magazine. As a result of the acquisition of the assets of Conceptis Technologies, Inc. in December 2005, the Company also generates revenue from in-person CME programs.
 
Revenue from advertising is recognized as advertisements are delivered or as publications are distributed. Revenue from sponsorship arrangements, content syndication and distribution arrangements, and licenses of healthcare management tools and private portals as well as related health coaching services are recognized ratably over the term of the applicable agreement. Revenue from the sponsorship of CME is recognized over the period the Company substantially completes its contractual deliverables as determined by the applicable agreements. Subscription revenue is recognized over the subscription period. When contractual arrangements contain multiple elements, revenue is allocated to each element based on its relative fair value determined using prices charged when elements are sold separately. In certain instances where fair value does not exist for all the elements, the amount of revenue allocated to the delivered elements equals the total consideration less the fair value of the undelivered elements. In instances where fair value does not exist for the undelivered elements, revenue is recognized when the last element is delivered.
 
This excerpt taken from the WBMD 8-K filed Nov 21, 2006.
Revenue Recognition
 
The Company derives revenue from the sale of online marketing and educational services and physician-based promotional programs to pharmaceutical and pharmaceutical meeting companies.
 
This excerpt taken from the WBMD 10-K filed Mar 16, 2006.
Revenue Recognition
 
Revenue is derived from the Company’s Online Services and Publishing and Other Services segments:
 
    Online Services.  The Company generates revenue from its public portals through the sale of advertising and sponsorship products. The Company generates revenue from private portals through the licensing of its content and technology to employers, payers and others. The Company also distributes its online content and services to other entities and generates revenue from these arrangements from the sale of advertising and sponsorship products and from content syndication fees.
 
  •  Publishing and Other Services.  The Company generates revenue from sales of subscriptions to its medical reference publications, from sales of The Little Blue Book physician directory and from sales of advertisements in those directories and WebMD the Magazine.  As a result of the acquisition of the assets of Conceptis Technologies, Inc. in December 2005, the Company also generates revenue from in-person CME programs.
 
Revenue from advertising is recognized as advertisements are delivered or as publications are distributed. Revenue from sponsorship arrangements, content syndication and distribution arrangements, and licenses of healthcare management tools and private portals are recognized ratably over the term of the applicable agreement. Revenue from the sponsorship of CME is recognized over the period the Company substantially completes its contractual deliverables as determined by the applicable agreements. Subscription revenue is recognized over the subscription period. When contractual arrangements contain multiple elements, revenue is allocated to each element based on its relative fair value determined using prices charged when elements are sold separately. In certain instances where fair value does not exist for all the elements, the amount of revenue allocated to the delivered elements equals the total consideration less the fair value of the undelivered elements.
 
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