Ad-hoc | 17 October 2002 16:59
Senator Entertainment AG
english
Senator concludes extensive license deal with Kirch Media
Ad-hoc-announcement transmitted by DGAP.
The issuer is solely responsible for the content of this announcement.
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As already anticipated in the semi-annual report, Senator Entertainment AG has
now concluded a license agreement for an extensive TV rights package after long
and intensive negotiations with Kirch Media (Broadcasting Group ProSieben, Sat.
1, Kabel 1). The sales volume from this transaction lies at approx. EUR 25
million, depending on the box office success of some of the films included.
The contract, given prior approval by the Kirch Media creditors committee,
includes an extensive security mechanism for Senator.
With the conclusion of this contract, Senator has been able to sell TV rights to
the four German broadcasters within only a short period of time (ARD/DEGETO,
ZDF, RTL Group, Kirch Media/Premiere). Further packages are currently under
negotiation.
Contact:
Senator Entertainment AG
Karl W. Homburg
Head Investor Relations/
Corporate Communications
phone: +4930 88091-612
k.homburg@senator.de
Haubrok AG
Christian Hillerman
Investor Relations GmbH
phone: +4940 300 86 90
c.hillermann@haubrok.de
end of ad-hoc-announcement (c)DGAP 17.10.2002
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