Juno 2013 Annual Report Download - page 62

Table of Contents
Year Ended December 31, 2012 compared to Year Ended December 31, 2011
Consolidated Results
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The decrease in consolidated revenues was primarily due to a $32.0 million decrease in revenues from our Content & Media segment and a
$21.1 million decrease in revenues from our Communications segment.
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The increase in consolidated cost of revenues was due to a $2.0 million increase in cost of revenues associated with our Content & Media segment,
a $0.6 million increase in depreciation and amortization expense and a $0.4 million increase in cost of revenues associated with our Communications
segment.
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The decrease in consolidated sales and marketing expenses was due to a $9.2 million decrease in sales and marketing expenses associated with our
Content & Media segment and a $0.5 million decrease in depreciation expense, partially offset an $8.2 million increase in sales and marketing expenses
associated with our Communications segment.
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    
   
Revenues $ 257,765 $ 310,959 $ (53,194) (17)%
Revenues as a percentage of total segment revenues:
Content & Media 59.3% 59.4%
Communications 40.7% 40.6%
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  
    
   
Cost of revenues $ 78,229 $ 75,177 $ 3,052 4%
Cost of revenues as a percentage of total segment cost of revenues:
Content & Media 51.5% 50.3%
Communications 48.5% 49.7%
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  
    
   
Sales and marketing $ 67,488 $ 69,158 $ (1,670) (2)%
Sales and marketing expenses as a percentage of total segment sales and
marketing expenses:
Content & Media 73.3% 85.5%
Communications 26.7% 14.5%