Regarding your question: In your financials released yesterday, what is the :other "unconsolidated affiliate?" It's a line item in the financials
I did email and I did get a response! I asked for more details because I don't recall much about this other than the press on this several yrs ago.
"The unconsolidated affiliate is our 50% ownership in the joint venture we have with WPP. GAAP rules dictate that if a company owns more than 50% it needs to consolidate the entire profit and loss statement. However, we own 50% and thus do not have controlling interest in the joint venture, GAAP dictates we show our portion of the profit or loss as a single line item in our P&L. I hope that answers your question. Best regards, David Houston - Chief Financial Officer LiveWorlddhouston@liveworld.com"