Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from the line of April Horace with Janco Partners. Please proceed.
April Horace - Janco Partners
Good morning. Congratulations on a great quarter. Just a couple of things with respect to the magazine improvements. Can the staff reductions, can you give us a little bit more clarity as to what happened this quarter, because the costs are significantly less? And then I have a couple of other follow-ups.
Bedi A. Singh
On the staff reductions, these were things we had planned to do. They were across the board, and I think some of it was even reported in the press I think earlier this year, so this was just part of the operation efficiency effort at the magazine.
April Horace - Janco Partners
But the lower loss level from $30 million to $35 million down to $24 million to $28 million, what could you attribute that to?
Bedi A. Singh
I think in addition, we had significant paper costs that came down and printing costs that came down. There was a lot of reduction in those areas, so operational costs actually came down.
April Horace - Janco Partners
With respect to the Aptiv acquisition, does that help get your foot in the door with Time Warner? And now that Maestro has tripped, how do you view that opportunity?
Richard Battista
Well, Time Warner is a major client of Aptiv so it absolutely allows us to expand our relationship with Time Warner. I can’t comment exactly on Maestro’s progress or not but certainly Aptiv is there for Time Warner to help them with any of their guide needs and because they are already a client with Aptiv, we look at that as a very positive thing.
April Horace - Janco Partners
Could that be an opportunity to expand in Time Warner’s footprint?
Richard Battista
I can’t comment specifically on roadmap discussions with our clients but suffice to say, I think Time Warner is very happy with Aptiv and we think we’ve created a great relationship with Aptiv and I think that is a real positive thing for the company.
April Horace - Janco Partners
You’ve made a lot of in-roads with respect to Internet licensing over the quarter, and we know that you’ve had discussions with Google. Can you give us any other insight into potentially getting that Google license?
Richard Battista
I can’t comment on any specific customers. Suffice to say, we believe our patents are -- we know they are platform agnostic and so clearly we think they are valid in all these other platforms and we continue to proceed as we have and I think our track record is showing that we are getting some real good success in these new media platforms, but I can’t talk specifically about any one client.
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