Investor Relations

    Ascent To Report Fourth Quarter and Full 2012 Results February 26, 2013

    by Moni Blogger | Feb 19, 2013

    Englewood, CO – February 19, 2013 – Ascent Capital Group Inc. (“Ascent or the “Company”) (NASDAQ: ASCMA) will issue a press release to report its results for the three and twelve months ended December 31, 2012 after the market close on Tuesday, February 26, 2013. The company will host a conference call that day at 5:00 p.m. ET in which management will provide an update on Ascent’s operations, including the financial performance of its wholly owned subsidiary, Monitronics International, Inc., and may discuss future opportunities.

    Participating on the call will be Ascent’s Chairman and Chief Executive Officer, Bill Fitzgerald; Senior Vice President and Chief Financial Officer, Mike Meyers; and Executive Vice President, Mike Haislip. Messrs. Haislip and Meyers are also executive officers of Monitronics.

    To access the call please dial (888) 462-5915 from the United States, or (760) 666-3831 from outside the U.S. The conference call I.D. number is 12497704. Participants should dial in 5 to 10 minutes before the scheduled time and must be on a touch-tone telephone to ask questions.

    A replay of the call can be accessed through March 5, 2013 by dialing (800) 585-8367 from the U.S., or (404) 537-3406 from outside the U.S. The conference call I.D. number is 12497704.

    This call will also be available as a live webcast which can be accessed at Ascent’s Investor Relations Website at http://www.ascentcapitalgroupinc.com/Investor-Relations.aspx.

    About Ascent Capital Group, Inc.
    Ascent is a holding company and owns 100 percent of its operating subsidiary, Monitronics, one of the nation’s largest, fastest-growing home security alarm monitoring companies, headquartered in Dallas, TX, and certain former subsidiaries of Ascent Media Group, LLC.

    Ascent To Present At 2013 Citi Global Internet, Media & Telecom Conference

    by Moni Blogger | Jan 04, 2013

    ENGLEWOOD, Colo. – January 4, 2013 – Ascent Capital Group, Inc. (Nasdaq: ASCMA) announced today that it will present to the attendees of the 2013 Citi Global Internet, Media & Telecommunications Conference, being held on January 9, 2013 at the Bellagio Hotel in Las Vegas, Nevada at 10:30 am PST. Bill Fitzgerald, Chairman and Chief Executive Officer of Ascent Capital Group, and Michael Meyers, Chief Financial Officer of Ascent Capital Group and its subsidiary Monitronics International, Inc., will speak at the conference. During their presentations, Messrs. Fitzgerald and Meyers may make observations regarding the financial performance and outlook of both Ascent and Monitronics.

    During the event, a webcast and copy of management’s presentation will be made available on the Ascent investor relations website at http://ascentcapitalgroupinc.com/Investor-Relations.aspx.

    About Ascent Capital Group, Inc.
    Ascent is a holding company and owns 100 percent of its operating subsidiary, Monitronics International Inc., one of the nation's largest, fastest-growing home security alarm monitoring companies, headquartered in Dallas, TX, and certain former subsidiaries of Ascent Media Group, LLC.

    Ascent Announces Financial Results for 3 and 9 Months Ended Sept. 30, 2012

    by Moni Blogger | Nov 14, 2012

    Nov. 14, 2012 (DALLAS)—Ascent Capital Group, Inc. ("Ascent" or the "Company") (Nasdaq: ASCMA) has reported results for the three and nine months ended Sept. 30, 2012. Ascent is a holding company that owns Monitronics International, Inc. ("Monitronics"), one of the nation's largest and fastest-growing home security alarm monitoring companies.

    For the three and nine months ended Sept. 30, 2012, Monitronics reported net revenue of $84.7 million and $249.9 million – increases of 6.5 percent and 8.2 percent, respectively. The increase in net revenue for the three and nine months ended Sept. 30, 2012 is primarily attributable to a 2.9-percent increase in Monitronics' subscriber accounts and a 2.8-percent increase in average RMR per subscriber to $38.28 as compared to Sept. 30, 2011. Monitronics' Adjusted EBITDA2 for the three and nine months ended Sept. 30, 2012 increased 3.1 percent and 6.1 percent, respectively, driven by growth in subscriber accounts and average RMR.

    Monitronics’ subscriber accounts as of Sept. 30, 2012 increased 2.9 percent to 717,488. It acquired 93,000 subscriber accounts on Oct. 30, 2012 for approximately $131 million (after giving effect to certain purchase price adjustments), which increased its total subscriber base 13 percent to 810,000 accounts as of Sept. 30, 2012 on a Pro Forma basis.

    "We are pleased to deliver another strong performance this quarter,” said Mike Haislip, President and Chief Executive Officer of Monitronics. “We posted solid growth in revenue and Adjusted EBITDA and purchased over 31,000 high quality accounts in the third quarter. Our interactive and home automation services continue to gain ground amongst our subscribers with over 40 percent of new customers signing on for advanced services during the quarter.

    “While there are incremental telecom and field service costs associated with advanced services, these accounts provide for a higher value customer and drive increased levels of RMR. As expected, attrition levels increased modestly given the age of accounts in our portfolio and the increase in disconnects due to relocations which we believe are driven by improvements in the housing market."

    Ascent Chairman and Chief Executive Officer Bill Fitzgerald stated, "Our results for the third quarter once again illustrate the strength of the Monitronics business model. We are also pleased to have recently completed a significant bulk purchase of accounts, which will provide strong incremental cash flow for the business.

    "At the holding company level, we continue to actively explore additional accretive acquisition opportunities within the alarm monitoring and related security industry."

    Ascent Media Corporation Acquires Monitronics

    by Moni Blogger | Dec 17, 2010

    Englewood, CO – December 17, 2010 - Ascent Media Corporation (“Ascent” or the “Company”) (Nasdaq: ASCMA) today announced it has acquired Monitronics International, Inc. (“Monitronics”), one of the nation’s largest and fastest-growing security monitoring companies. The transaction was valued at approximately $1.2 billion, exclusive of certain hedge related and other liabilities but including the assumption of Monitronics’ existing structured financing. The 
    cash portion of the merger consideration comprised an aggregate of $413 million and was funded by Ascent from cash on hand and $105 million in borrowings under a new $175 million credit facility. 

    Headquartered in Dallas, Texas, Monitronics provides monitored business and home security system services to more than 665,000 residential and commercial customers. Monitronics’ longterm monitoring contracts provide high margin, monthly recurring revenues that result in predictable and stable cash flow. Monitronics delivered revenue of $272 million and EBITDA of $187 million in its fiscal year ended June 30, 2010, increases of 16% and 22% respectively over 2009. In the 12 years from fiscal year ended June 30, 1998 to fiscal year ended June 30, 2010, Monitronics generated 22% compounded annual growth of revenue, making it one of the fastest growing companies in the industry. 

    Ascent’s Chief Executive Officer, William Fitzgerald commented, “We are pleased to announce this transaction which addresses AMC’s stated objective of acquiring an operating company with proven management that exhibits an impressive track record of success; a subscription-based business that delivers solid, predictable revenue and cash flow; and a business capable of 
    sustaining growth in varying economic conditions. Monitronics, with its 16 consecutive years of revenue and EBITDA growth, meets all of these criteria. We look forward to the ongoing success of Monitronics under the continued stewardship of Mike Haislip, Mike Meyers and the entire Monitronics team and are confident that this transaction will provide attractive returns.”

    Unlike traditional security monitoring business models, Monitronics utilizes an exclusive nationwide dealer network to sell, install and service the security systems it monitors. Monitronics purchases monitoring contracts from dealers and provides subscribers with a full spectrum of security alarm services including monitoring, customer service and technical support. The dealer-based business model allows Monitronics to grow its subscriber base without employing a national sales and installation force. Additionally, Monitronics outsources 
    on-site technical support to its dealer network, further reducing expenses and driving recurring high margin revenue. The net result has been strong operating cash flow and the generation of high EBITDA margins which reached 68.6% in the fiscal year ended June 30, 2010. 

    Monitronics recently was the recipient of the 2010 Frost & Sullivan Company of the Year award in the North American alarm monitoring residential security market, a reflection of the Company’s great growth strategy and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. 

    Mike Haislip, President and CEO of Monitronics stated, “This is an opportunistic time to participate in the security monitoring industry and the transaction with Ascent provides Monitronics with a fantastic platform to further strengthen our leadership position in the $29 billion security market. Our unique business model that starts with our dealer network, allows us to build our subscriber base and scale the business, generating margins that can’t easily be matched by others in the industry. We look forward to working with Ascent on our growth plans and believe it will result in strong value creation for customers, shareholders and other stakeholders.” 

    Haislip added, “We would also like to thank ABRY for their ownership and support over the years. It was with their exceptional operational expertise and smart financial backing that we were able to build Monitronics into the company that it is today.”