Net revenue for the quarter ended June 30, 2008, was $40.3 million versus $10.4 million in the comparable year-earlier period. Publishing net revenue was $36.7 million, versus $9.7 million in the prior year period, while distribution revenue was $3.6 million, versus $0.7 million in the comparable year-earlier period.

Net income for the first quarter ended June 30, 2008 was $3.5 million, or $0.26 income per share, compared to net loss of $11.9 million, or $0.89 loss per share, in the year-earlier period.