Deferred Revenue Amount

Deferred Revenue Amount. Means the sum of (1) the difference of (x) the Company's deferred revenue from its magazine business for the fiscal year ending December 31, 1999, stated on its audited balance sheet for the fiscal year ending December 31, 1999, and (y) $47,652,000 plus (2) the Company's net --- ---- revenue from its magazine business at December 31, 1999, as stated on its audited income statement for the fiscal year ending December 31, 1999.