Ad-hoc | 19 December 2000 08:28
Ad hoc-Service: Intertainment AG
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Ad-hoc announcement by Intertainment AG – December 19, 2000
Intertainment is in negotiations with Franchise Pictures (USA) over the
existing contracts
Ismaning n. Munich, December 19, 2000 – Intertainment Licensing GmbH, a
subsidiary of Intertainment AG, which is listed on the Neuer Markt in Frankfurt,
has entered into negotiations with Franchise Pictures LLC to clarify
differences between the companies in their business relationship, which are
also straining Intertainment Licensing GmbH’s relationship with its sublicenses.
Intertainment Licensing GmbH initiated the negotiations with the goal of
reorganizing the business relationship with the Franchise Group.
Intertainment Licensing GmbH and the Franchise group of companies have
an existing contract, under which Intertainment Licensing GmbH wanted to
acquire the rights for at least 60 films during a 5 year period.
Intertainment Licensing GmbH has sublicensed some of the acquired film rights
to several European territories.
Contact address:
Intertainment Aktiengesellschaft
Osterfeldstraße 84
85737 Ismaning
Telephone: +49 89 216 99 – 0
Telefax : +49 89 216 99 – 11
Internet: http://www.intertainment.de
E-Mail: investor@intertainment.de
End of announcement
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