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Sporttotal AG
Regulatory Filings • Oct 21, 2016
4529_rns_2016-10-21_9dda8edd-ed0f-48ac-a11e-5460ea4ca94d.html
Regulatory Filings
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Corporate | 21 October 2016 12:23
_wige GROUP develops new Sport-Total.tv business area
DGAP-News: _wige MEDIA AG / Key word(s): Alliance
2016-10-21 / 12:23
The issuer is solely responsible for the content of this announcement.
_wige GROUP develops new Sport-Total.tv business area
– Fully automatic broadcasting of sports events also for the amateur area
– _wige MEDIA AG arranges exclusive partnership with system supplier Pixellot
– Test phase to start in coming months
Cologne/Tel Aviv, 21 October 2016. As announced, _wige MEDIA AG is further developing its new business area Sport-Total.tv, and will launch the test phase for this strategic growth area over the coming months. _wige MEDIA AG plans to equip German amateur associations with special video technology that enables them to broadcast games and sports events at high quality and fully automatically on various platforms. To this end, _wige MEDIA AG has signed an exclusive agreement with system manufacturer Pixellot, Tel Aviv, enabling it to exclusively market the innovative system in the amateur sector from 2017 until the end of 2019 in Germany. This agreement can be extended for two more years. “With it we aim to also facilitate the type of high-quality, efficient and cost-effective production in amateur sports that fans are already familiar with from professional leagues, while at the same time we are combining this idea with significantly more options for fans, which allow them to follow sports events on a far more individual and flexible basis than in conventional linear TV,” emphasises Peter Lauterbach, CEO of _wige MEDIA AG. Alon Werber, CEO of Pixellot underscores: “We are pleased that we have found an ideal partner for our system in _wige MEDIA.”
Company contact:
_wige MEDIA AG
Am Coloneum 2
50829 Cologne, Germany
Tel: +49 (0) 221_7 88 77_ 0
Fax: +49 (0) 221_7 88 77_ 199
Investor Relations:
BSK Becker+Schreiner Kommunikation GmbH
Tobias M. Weitzel
Tel.: +49 (0) 2154_ 81 22 16
E-Mail: [email protected]
2016-10-21 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | _wige MEDIA AG |
| Am Coloneum 2 | |
| 50829 Köln | |
| Germany | |
| Phone: | +49 (0)221 7 88 77 0 |
| Fax: | +49 (0)221 7 88 77 199 |
| E-mail: | [email protected] |
| Internet: | www.wige.de |
| ISIN: | DE000A1EMG56 |
| WKN: | A1EMG5 |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |