WZEN » Topics » Online subscription fees

This excerpt taken from the WZEN 20-F filed Nov 20, 2009.
Online subscription fees. Subscription fees are fees we directly collect from client terminal level end-users. Our revenues from our operations in Korea consist mostly of prepaid subscription fees paid by individual PC accounts and Internet cafe subscribers, accounting for W13,589 million and W3,326 million, respectively, in 2008. Online subscription fees earned by our consolidated subsidiaries, which recorded W2,032 million from 9Webzen and W3,363 million from Webzen Taiwan in 2008, are also included in this item.
 
 
 
This excerpt taken from the WZEN 20-F filed Jun 29, 2009.
Online subscription fees. Subscription fees are fees we directly collect from client terminal level end-users. Our revenues from our operations in Korea consist mostly of prepaid subscription fees paid by individual PC accounts and Internet cafe subscribers, accounting for W13,589 million and W3,326 million, respectively, in 2008. Online subscription fees earned by our consolidated subsidiaries, which recorded W2,032 million from 9Webzen and W3,363 million from Webzen Taiwan in 2008, are also included in this item.
 
 
 
This excerpt taken from the WZEN 20-F filed Jun 27, 2008.
Online subscription fees. Subscription fees are fees we directly collect from client terminal level end-users. Our revenues from our operations in Korea consist mostly of prepaid subscription fees paid by individual PC accounts and Internet cafe subscribers, accounting for W14,774 million and W4,824 million, respectively, in 2007. Online subscription fees earned by our consolidated subsidiaries, which recorded W1,299 million from 9Webzen and W1,932 million from Webzen Taiwan in 2007, are also included in this item.
 
This excerpt taken from the WZEN 20-F filed Jun 30, 2006.
Online subscription fees. Subscription fees are fees we directly collect from client terminal level end-users. Our revenues from our operations in Korea consist mostly of monthly prepaid subscription fees paid by individual PC accounts and Internet cafe subscribers, accounting for W17,214 million and W6,543 million, respectively, in 2005. Online subscription fees earned by our consolidated subsidiaries are also recorded under this item. In 2005, Webzen Taiwan recorded W2,740 million as online subscription fees.

     As of December 31, 2005, 97.0% of our individual PC account revenues were from the flat-fee pricing plans, which provide unlimited access for either a 30- or 90-day consecutive period, and the remaining 3.0% were derived from the hourly pricing plans. Of our Internet cafe revenues, 96.0% were derived from the hourly pricing plans and only 4.0% resulted from the flat-fee pricing plans. In each case, online subscription fees are deferred and recognized

33






as revenue at month-end in proportion to the number of days lapsed or actual hours used. The subscriptions are typically short term in nature and require little additional upgrades and only inconsequential customer support.

     

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki