tmc Content Group AG / Key word(s): Internet and Multimedia/
tmc Content Group and Private Media Group Renew Strategic Partnership
DGAP-Media / 26.06.2012 / 15:33
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tmc Content Group and Private Media Group Renew Strategic Partnership
Baar, June 26, 2012
- Settlement of long standing commercial differences made possible by
changes in senior managements
- Telemedia and broadcast channel clients as well as VOD providers are
expected to benefit from Private's new production line combined with
tmc's reputation for technical excellence and regulatory compliance
- Partnership expected to be immediately accretive to both tmc and
Private
tmc Content Group AG (ISIN CH0016458363) today announced a new strategic
agreement has been reached with Private Media Group, Inc.
The core part of this agreement will see the return of Private's titles to
tmc's services in Germany including the Blue Movie channels and the
availability of Private's world class content exclusively through tmc to
VOD and broadcast partners across German Speaking Europe.
According to Sören Müller, Delegate of the Board of Directors of tmc, 'We
are delighted to have Private back on board after a long and unnecessary
absence. This is a win for tmc, a win for Private and, most importantly, a
win for our clients' customers who expect the very best.'
Charles Prast, Private's President and CEO stated 'Our new agreement with
tmc is just another example of Private making amends where appropriate and
seeking to grow our revenues and brand with the best possible partners
instead of dwelling on past differences. We look forward to a long-term
cooperation.'
About tmc Content Group AG:
The tmc Content Group AG, Baar, is an international operating
publicly-traded company in the adult business. In the German core market
the tmc Content Group AG offers a variety of Pay TV, Pay per View and VOD
activities; e.g. BLUE MOVIE (Sky Deutschland), redXclub (Kabel
Deutschland), as well as Unitymedia, Maxdome or Deutsche Telekom. Its
subsidiary tmc Content Group Gmbh, Berlin, operates the soft erotic Pay TV
channels BEATE-UHSE.TV and LUST PUR. As a full service provider the tmc
Content Group AG delivers products, content and technical solutions for the
implementation and realisation of all kinds of multimedia services to its
clients.
About Private Media Group
Founded in 1965, Private Media Group is a brand-driven leading provider of
adult entertainment, operating a global content distribution network with a
wide range of platforms including; the Internet, broadcasting via cable,
satellite, digital TV and IPTV on 194 platforms in 42 countries, mobile
content delivery via 114 network operators in 37 countries and retail sale
of DVDs and magazines. Private Media Group owns the worldwide rights to its
extensive archive of high-quality content, and also licenses its Private
trademark internationally for a select range of products and services.
This press release can be viewed at www.contentgroup.ch
Contact:
Bernard Hofstetter
tmc Content Group AG
Altgasse 82
P.O. Box 257
CH-6341 Baar
Switzerland
e. b.hofstetter@contentgroup.ch
t. +41 41 766 25 30
f. +41 41 766 25 31
www.contentgroup.ch
This release contains forward-looking statements. Forward-looking
statements are statements that are not historical facts; they include
statements about our beliefs and expectations and the assumptions
underlying them. These statements are based on plans, estimates and
projections as they are currently available to the management of tmc
Content Group AG. Forward-looking statements therefore speak only as of the
date they are made, and we undertake no obligation to update publicly any
of them in light of new information or future events.
End of Media Release
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26.06.2012 Dissemination of a Press Release, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: tmc Content Group AG
Altgasse 82
6341 Baar
Switzerland
Phone: +41-41-7662530
Fax: +41-41-7662531
E-mail: info@contentgroup.ch
Internet: http://www.contentgroup.ch
ISIN: CH0016458363
WKN: 121527
Listed: Regulierter Markt in Düsseldorf, Frankfurt; Freiverkehr in
Berlin, Stuttgart
End of News DGAP-Media
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175489 26.06.2012
(END) Dow Jones Newswires
June 26, 2012 09:33 ET (13:33 GMT)
© 2012 Dow Jones News
