GENERAL

THE STATISTICAL AND OTHER INFORMATION CONTAINED IN THIS SECTION HAS BEEN DERIVED FROM KABEL & SATELLITE, A PUBLICATION IN GERMANY FOCUSING ON THE CABLE AND SATELLITE INDUSTRY. WE ALSO RECEIVE INFORMATION FROM DEUTSCHE TELEKOM, PRIVATE CABLE OPERATORS, SATELLITE OPERATORS EUTELSAT AND TELEVISION 2000, THE YEARLY REPORT FROM IP, SUPPORTING OUR DISTRIBUTION AND MARKET INFORMATION.

The primary business of Capital Media Group Limited ("Capital Media", "us," "we" or the "Company") is the broadcasting operation of Onyx Television GmbH ("Onyx"), a music and entertainment television station in Germany dedicated to adults. Onyx generates revenues...