Question-and-Answer Session
Operator
(Operator Instructions) Your first question is from Richard Ingrassia - Roth Capital Partners.
Richard Ingrassia - Roth Capital Partners
Thanks, good morning everybody.
Michael Weiner
Hi Rich.
Karyn Miller
Good morning.
Richard Ingrassia - Roth Capital Partners
Given the upward revision in guidance, can we assume that the uncertainty you had last quarter regarding the Dish contract has been mostly resolved? Or is there any other detail you can provide on the negotiations there?
Ken Boenish
What I can tell you is that we continue to be engaged with DISH Network and we continue to operate on a month-to-month agreement that we’ve had for the past three years plus. Whether that arrangement will change today, tomorrow, next year, we really don’t have any visibility into that, but we will keep investors apprised of any material development on this front.
Richard Ingrassia - Roth Capital Partners
Can you share concentration in the quarter from DISH and DirecTV?
Karyn Miller
Dish Network, I think was 25% of our revenue, it has obviously declined a bit as total percentage of our revenue because we have MRG in there as well. Dish was 26% of our revenue, DirecTV was 13% of our revenue. Also remember that we get revenue from DirecTV from both our Pay Television and our Film Production groups.
Richard Ingrassia - Roth Capital Partners
Finally, now that Comcast has stepped up to XXX on VOD, would you say that the long awaited transition there at cable is underway?
Michael Weiner
Well, just to be clear, I don’t believe Comcast has embraced the XXX standard. They are airing on VOD what we call our partially edited content for XX. The majority of the cable television industry has already embraced this edit standard. Comcast is probably the last major operator to make that transition.
We have heard some rumors that some of the operators are looking at our least edited standard, but nobody has really made a firm commitment to that.
Richard Ingrassia - Roth Capital Partners
Thank you.
Operator
Our next question is with James Clement - Sidoti and Company.
James Clement - Sidoti and Company
Good morning Michael, Ken and Karyn. How are you?
Michael Weiner
Great, thanks.
James Clement - Sidoti and Company
Karyn, a quick question on the purchased intangibles. I think last quarter, they were at $4.7 million MRG, I think in this press release you are $3.4 million. Is the difference there all what's amortized, or was there a little bit of a revaluation there?
- To read the full transcript on Seeking Alpha, click here »
