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Small upstart broadcaster claims Movieola diginet is already making money

News | 12/10/2003 5:00 am EST

A small upstart broadcaster claims to be making money from its Category 2 digital specialty TV channel Movieola. "We’ve been cash flow positive for 18 months," says Cal Miller, VP and CFO of Channel Zero Inc., which operates the short film channel and Silver Screen Classics. "We’ve had realistic expectations of the channels from the start. Our projections were much more conservative than a lot of the other channels were initially. We’re a small, lean operation," he says.

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