A potential growth stock ? Company is already profitable and debt free. They provide digital audio and video content to radio stations and tv stations. They appear ideally poised to take advantage of both digital radio advertising and digital tv content such as music videos. They have a fast and comprehensive digital distribution network so a new pop song can be didgitally sent to all radio stations with a press of a button. No more Cd's and videos by courier service.

Liquidity and spread are the only short term problems but the shares look good value. IMHO Any thoughts appreciated?

Yesterdays AGM announcements were all positive. Of particular note:-

"Even though the rollout of station installations is still continuing, the level of customer support has been stronger than expected and it is clear that revenue potential is substantial."

"This month marks a critical milestone with the move to generating revenue
following the completion of trials and the commencement of normal commercial
pricing. We are already seeing significantly rising revenue from a rapidly
expanding customer base."

"Profit margins should recover steadily during the year
as revenue from the new television service grows."

Shares jumped 7.5% on this news yesterday and are up further as at 10am today

Can see the advertising revenues for t v being substantially more than the radio market. September half way figures should clarify this and then we will really nowhere we are going. 2 years time who knows?

Well the story continues to develop as planned. Both BT and the Post Office Pension Funds have now built up significant stakes in IMD, around 5% each. What we need now is even more coverage of the story to attract investors. I think this share is a cracker! IMHO DYOR

I think they should release it here first for us poor shareholders and why no rns?


June 15, 2004. FOR IMMEDIATE RELEASE

IMD chooses Dublin for Its first International office and establishes a single location for radio and TV commercial distribution.

Independent Media Distribution (IMD pie), has opened Its first office outside the UK. Situated in Central Dublin and operated in partnership with Adsat, the inter-lrish radio delivery service, it allows Irish broadcasters, agencies and production houses to distribute TV commercials, music and other short form video material, within Ireland and between Dublin and London. "This major investment shows how committed we are to the Irish market," says Sales and Marketing Director Bob Cole. "The Dublin office brings the business benefits that the UK media industry enjoys to Ireland and allows Irish agencies to deliver commercials to Irish and UK broadcasters in a fraction of the time it currently takes - and at a significantly reduced cost.' Cote continues, "We are delighted lo be formalising our relationship with Adsat In this new venture as we have worked closely together over a number of years. They are the Ideal partner for us as we enter the Irish market.' The new office, at 62 Lower Mount Street, Dublin, will be run by Colette Meehan, who, after working as Operations Manager at IMD's Head office in London for four years has relocated to Dublin to take up her new post.

IMD launched its digital commercial distribution system for TV in the UK in January 2004 and already works with LNN, GMTV, Viacom, EMAP, Channel Four, IDS/Flextech, Chart Show TV the BBC Playout Centre and Kingston in media, and discussions are well under way with ITV, Five, Turner, SKY, RTE, TV3 and TG4 with a view to IMD providing a comprehensive digital delivery service.

- ENDS -

For further information contact:
Bob Cole
IMD pie
10 John Princes Street
London, WIG OJW
Telephone: 020 7468 6880
Mobile: 07980 661004
Email: bob@imdplc.com

bigtimeboy - thanks for finding this good bit of news. Perhaps the next expansion will be into europe? Huge scope there.

The only thing that lets down this company is a lack of news releases. It can be hard to find out whats going on. A bit more exposure and then the institutions might start buying.

This is the bit I especially like.

Discussions are well under way with ITV, Five, Turner, SKY, RTE, TV3 and TG4 with a view to IMD providing a comprehensive digital delivery service.

Encouraging Interim Results out today.
TV service off to a good start. The results quote that the potential UK market for TV is bigger than first thought and foreign interest higher than expected. Expansion into Ireland has been brought forward. Sales and dividends both up.

Only small downside is a slight drop in profits due to initial cost of getting the TV service underway and to impact of drop in radio revenue during the olympic games and european football cup. Both obviously temporary.

Well.This takes a bit of analysis. One thing is evident. All the info has been to hand for some time SO WHY HASNT THE FINANCE DIRECTOR BEEN PREPARING BOTH HIMSELF,THE COMPANY AND THE MARKET for this information. Its a bit like the curate's egg. My opinion would be that,in radio, there is the presence of a comptetitor from down under who might have been stealing business.Whereas, in TV, the additianal costing should have been well allowed for (Finance Director again) and expectations would appear to be bright. There's evidence that this info may well have been in the hands of interested parties prior to this announcement. Whilst it's impossible to stop leaks, they should be found and punished. All in all, this one has not run it's course yet. Its a 'bounce backer' ALL IT NEEDS IS A NEW FINANCE DIRECTOR PREPARED TO DEVOTE TIME TO THE COMPANY.

Full results just around the corner. I wonder what Mr Haynes and co have for us street urchins. Could be O K methinks the B T pension fund toped up with a few more. A good forward looking statement, a possible ITV 1, 2 & 3 contract that would do for starters. Any comment! First post for 2005 onwards and upwards with the share price.

Just a thought with a fortnight to go we will have to keep an eye on the trades bound to be a few leaks going on past performance.

RNS Number:0858J
Independent Media Distribution PLC
28 February 2005


INDEPENDENT MEDIA DISTRIBUTION PLC

Preliminary announcement of results for the year ended 31 December 2004.

Financial Performance

Group Sales - #3,732,000 (2003 - #3,434,000)
Pre-Tax Profit - #904,000 (2003 - #1,370,000)

Dividend per Share - 1.30p (2003 - 1.15p)

Operational Highlights

New television service receives wide support from broadcasters and agencies.
Television - strong sales growth last quarter.
Radio revenue declines 7% caused by sharp move between August and November 2004.
Music Revenue continues growth with 28% increase.

Current Trading

Group sales increase 14% in first seven weeks of 2005.
Television continues to build market support and the station network.
Radio commences 2005 slowly with small decline.
Music continues steady growth.

Chairman David Haynes said "In October 2004, the company announced that it
expected that the costs of developing the Television distribution service
together with an unexpected decline in radio revenue would lead to a fall in
profit. Since that date, strong support for the new television service
distributing advertisements, music and programming generated a sharp increase in
sales in the busy final quarter of 2004 and offset an equally high level of
expenditure in building out the television network. These new customer
relationships have continued into the quieter period normal for this quarter.
This sales momentum is a strong indicator that the service is meeting the needs
of the industry. Each station has its own specific system requirements but these
are being steadily addressed and as each comes on line the total coverage of the
market improves. Capital expenditure and start up costs, now #2m, are expected
to tail off gradually in the current half year when the UK network will be
substantially completed."

Enquiries:

David Haynes, Executive Chairman 0207 468 6868
david@imdplc.com

Summary of Results

12 months to 12 months to
31 December 2004 31 December 2003


Turnover #3.73m #3.43m
Profit Before Tax #0.90m #1.37m
Profit After Tax #0.65m #0.98m
Earnings per Share (basic) 1.93p 2.91p
Earnings per Share (diluted) 1.90p 2.88p
Dividend per Share 1.30p 1.15p

Trading

The results for the year reflected a sharp increase in Television distribution
revenue accompanied by continuing development expenditure when compared with
expectations at the time of the trading update in October. Group Sales for the
year were up 8.7% despite a 7% decline in radio distribution revenue. Television
advertising has a strong seasonal bias towards the pre-Christmas period. Even
so, there was a substantial gain in market penetration with support for the new
service from a wide range of advertising customers. Development of the network
has reached the stage where over half of the planned systems are installed and
operating with nearly all the remainder, including BSkyB, in the final stages of
build. The Irish joint venture continues to make progress building a service
supplying Irish television stations and the international traffic between
Ireland and the UK. Other European centres are proving a source of business
into the UK and distribution from the UK is about to commence for the major
television group, Viacom.

Radio advertising distribution experienced a decline in August 2004 until there
was a partial recovery in December 2004 which has continued into the new year.
The company's revenue is closely, but not completely, linked to trends in
advertising. A further minor negative factor was a slight increase in
competition during this period though the impact on the company's revenue has
not been material. Following a major review of the radio service in association
with the radio industry, a significant upgrade to the network is currently being
rolled out and a number of new features have been added to tie in the media
buying process more closely between radio station and agency.

Music services, though still the smallest of the company's three revenue
streams, continued its growth with a 28% increase for the year. Growth is due to
the increasing popularity of video services for the television industry where
the company is now working with all the leading record labels.

Profit before tax for the year fell by nearly #500,000. As previously indicated
this was due to the heavy expenditure on building out the Television service
which involved a significant lift in staff numbers before operations commenced
plus the substantial increase in depreciation on equipment purchased. The
decline in radio revenues was also an important factor in the profit not
reaching expectations.

Trading in the opening weeks of the new year is normally quiet although radio
revenues have been in line with the fairly undemanding budget which anticipated
a partial recovery from the lows of 2004. Music continues to progress, the video
service in particular being comfortably up on the same period last year.
Television has a strong seasonal bias with pre-Christmas being very important.
As expected, the new year has opened at a lower level in line with seasonal
trends but it is particularly noteworthy that all customer relationships are
developing positively.

Cash flow

Capital expenditure during the year totalled #1.1m, a considerable increase on
the figure for any previous year, the increase being entirely due to television
requirements. Television, including start up expenditure written off, has now
cost #2m largely funded out of cash flow though group net bank balances in the
year declined #0.6m to #2m. Capital expenditure in television in the UK should
tail off in the current half year. The depreciation provision for the year
increased by #0.21m to #0.59m, reflecting the capital outlays, and this figure
will rise further in the current year. The company continues its policy of
writing off all hardware, fixtures and fittings over three years and bought in
software over two years. This policy has an immediate impact on profit but is
believed to be prudent.

New director

The company welcomed Martina King, who joined the Board as a Non - Executive
Director on 24 February 2005. Martina brings a wealth of media experience to the
Board, having previously been Managing Director of both Yahoo! UK & Ireland and
Capital Radio's London Stations amongst other prestigious appointments.

Earnings per share and dividends

Earnings per share for the year were 1.93p compared with 2.91p for the previous
year.

A final dividend of 0.65p per share is proposed and, if approved, will be paid
on 25 May 2005 to shareholders on the register at 20 April 2005. This gives a
total for the year of 1.30p per share compared with 1.15p per share in 2003.

Annual Report

The information in this announcement, which was approved by the Board of
Directors on 24 February 2005, does not comprise statutory accounts. The
statutory accounts for the year ended 31 December 2003 have been delivered to
the Registrar of Companies and included an audit report which was unqualified
and did not contain statements under s237(2) or (3) of the Companies Act 1985
(the Act). The statutory accounts for the year ended 31 December 2004 will be
delivered to the Registrar of Companies in accordance with Section 242 of the
Act.


DAVID HAYNES
Chairman

I said it was a 'bounce backer' but the really interesting questions is - Why not a push into Europe for both the Radio and TV arms. I would have thought Radio is a cheap 'bolt on' as far as Europe goes. TV a tad more expensive but, as experience proves, it pays off.

There doesnt seem too many people have jumped ship as yet. Still worth holding, TV side doing well and dividend is up.

34k brought last thing, nice buy.

Independent Media Distribution PLC
26 April 2005

Independent Media Distribution plc

26 April 2005

Holding in Company

Independent Media Distribution plc (the 'Company') was notified on 22 April 2005 that the following
entities had disclosable holdings in the ordinary shares of 10 pence each in the Company as of
21 April 2005:

- The Trustees of the BT Pension Scheme;
- Hermes Investment Management Limited; and
- Hermes Pensions Management Limited.

The registered holders of the holding are as follows:

Name Number of ordinary shares in the Percentage of the issued share
Company held capital of the Company held

BriTel Fund Nominees Ltd 2,829,289 8.440%

Possfund Nominees Ltd 1,923,074 5.737%

Shares on Loan (12,500) (0.037%)

Total 4,739,863 14.140%

Enquiries
Independent Media Distribution plc 020 7468 6868


Graeme Titmas, Company Secretary


Has everybody gone from this thread, I feel lonely sometimes.

I See we had added a few points this week, something could be brewing, perhaps some good news on the way, lets hope so. Still very lonley here.

Interim Results

RNS Number:4081R
Independent Media Distribution PLC
19 September 2005


INDEPENDENT MEDIA DISTRIBUTION PLC

INTERIM REPORT

FOR THE SIX MONTHS ENDED

30 JUNE 2005

Independent Media Distribution plc ("IMD") today announces its interim results
for the 6 months to 30 June 2005.

Financial Results

* Sales #1,745,000 2004: #1,751,000

* Pre Tax Profit/(Loss) (#258,000) 2004: #537,000

* Interim Dividend 0.65p per share
2004:0.65p per share

Operational Highlights

* Agreement reached with ITV for implementation of IMD's digital
advertising delivery service

* Market conditions in radio advertising remain challenging

* Music revenues up 11.4%

Chairman David Haynes said "The loss for the half year was caused by two factors
and shareholders have been previously alerted to both. The primary reason was
the high level of development expenditure incurred in connection with signing
the breakthrough agreement with ITV for their inclusion in IMD's distribution
network; this major opportunity necessitated substantial costs this year prior
to commencement of operations in 2006. The second cause was the continuing
decline in radio advertising distribution, reflecting industry trends."



ENQUIRIES:
David Haynes (Executive Chairman)
0207 468 6868


SUMMARY OF RESULTS

Six Months to Six Months to Year to 31
30 June 2005 30 June 2004 December 2004
#'000 #'000 #'000

Turnover 1,745 1,751 3,732
(Loss)/profit before Tax (258) 537 897
(Loss)/profit after Tax (219) 381 657

Earnings per Share
Basic (0.65p) 1.13p 1.95p
Diluted (0.64p) 1.11p 1.92p



OPERATING REPORT AND CURRENT TRADING

Television

Shareholders may not appreciate the major impact Television advertising
distribution in the UK and Ireland is having on the structure of the Group. The
potential size of the television market is considerably larger than for radio,
the complexity of the service offering is far more technically challenging and
both the capital investment and the operating infrastructure are much larger.
The total IMD team currently numbers thirty-eight people, treble the number
immediately before development of the television service began. Within that
figure, engineering development, including software programming and hardware
build, is now thirteen people compared with four previously. These numbers
reflect the extra complexity of television combined with the industry's need for
assistance in converting to internal digital management systems.

Reaching agreement with ITV has been a particularly important milestone as it is
not only the most important television advertising audience but it is also the
last major broadcaster not serviced by the IMD digital network. The addition of
ITV therefore will considerably enhance the service offered and several major
customers have indicated that they will transfer all their business when ITV
goes live.
At 30 June 2005 the total investment in the television system exceeded #3
million including half of an additional #700,000 added to the budget as a result
of ITV. This large figure involves not only the direct cost of fitting out ITV
but also extra expenditure in expanding future capacity to ensure all potential
demand can be satisfied. Product development is a continuing requirement.
However the major capital fitting out programme is now committed and future
development will proceed at a lower level.
Television revenue in the first half benefited from increasing customer support
and it is estimated that IMD is currently involved in the distribution of
approximately half of all advertisements to television broadcasters. Revenue is
well below half the estimated market because IMD has been handling only a small
part of the distribution requirement for each customer. Delays with the
installation at BSkyB and some others, as well as ITV, held back revenue though
in the circumstances it is very pleasing that IMD has received such broad
support at this early stage. BSkyB is now operating satisfactorily and the
proportion of each order being serviced is gradually rising. The ability to
service ITV is crucial to obtaining the full benefit next financial year.
Radio

IMD started in business as a distributor of radio advertising to stations
throughout the UK and it has always handled the majority of advertisers'
distribution requirements. For the first extended period since IMD began, there
has been a decline in radio advertising and this has directly reduced the volume
of advertisements available for distribution. The situation has been accentuated
because in a buoyant market advertisers tend to make more sophisticated
campaigns with more advertisements but revert to a simpler and less costly style
when conditions are less optimistic. As a consequence IMD's revenues have
declined at a slightly higher rate than the general decline in total radio
advertising expenditure. As shareholders are already aware, IMD has a limited
visibility of future revenue trends as it receives very short notice of daily
orders and therefore it is not possible to give guidance on the outlook for the
remainder of the year. Looking further ahead, growth in radio appears limited as
the number of new radio stations being launched is slowing and at this stage it
is not clear whether digital radio or internet radio have the potential to open
up new advertising markets.

Music

Music remains the smallest of IMD's three general revenue streams though it is
growing steadily, having established its position as the essential way for
trialling new music videos with television broadcasters and producers. It now
distributes virtually all new releases and is extending the service to
distribute high quality broadcast music to the television stations. This latter
service is being used by a number of the major labels and has the potential to
increase in the same way as the earlier trialling service. In common with the
television advertising service it will benefit further as the distribution
network is enlarged to include ITV.

Finance, Cash Flow and Dividend

At 30 June 2005 the net cash on deposit was #1.5m. All outlays on capital
equipment for the television service have been purchased without borrowing and
the company has no finance commitments, leaving it well positioned to continue
its expansion programme. Whilst the company has reported a net loss for the six
months, this was substantially due to non-cash charges. The cash generated from
operations exceeded #520,000, a figure only #165,000 lower than for the same
period last year.

The adoption of IFRS has resulted in two important variations in reporting from
the previous GAAP requirements. The first requires a charge against profits for
options issued which are eligible to vest in the relevant period The charge
against profits for this period is #112,085 (2004: #32,032) in respect of the
share options issued to Adam Poulter and other options previously issued to the
executive team. The method of calculating this charge is somewhat subjective but
shareholders should be aware that this is a non cash charge against profits. The
second is a requirement for all product development to be capitalised in future
compared with the previous policy of charging it as an expense against profits.
The period for amortisation of development expenditure is left to the company's
discretion and IMD has decided to amortise over twenty-four months on a straight
line basis. The reason for the short amortisation period is that IMD believes
that product development is an integral part of the company's general operations
and it might give a false sense of security if this essential expenditure was
held in the balance sheet over too long a time. This year the amendment will
have the effect of increasing the net profit by approximately #100,000 (2004:
#57,000) as a consequence of the build up in development expenditure this year
compared with 2004.

Dividend

An interim dividend of 0.65p per share will be paid on 28 October 2005 to
shareholders on the register as at 7 October 2005. This is the same as the final
dividend paid in May 2005. The Board believes that the company's prospects and
its current level of cash resources justify this continuing dividend.

DAVID HAYNES
Chairman

Thread Closed, lack of intrest. Go to ADVFN

Profit warning from Independent Media
MoneyAM
Independent Media Distribution has warned that full year results will come in below market expectations.

The company said this is due to the poor current market situation for radio even though TV is rapidly becoming the dominant revenue source for the group.

In a trading statement, the company said it has traded profitably since September 5th due to increased volume sales of advertising and music material.

In the first 11 months, group revenue rose 18% year on year compared with 13.5% at end-June, despite poor contribution from the radio sector where revenues have fallen short of last year's levels.