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Sporttotal AG
M&A Activity • Jun 30, 2020
4529_rns_2020-06-30_5f92585f-f1f2-4b5c-8ee9-9c991c049d19.html
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Ad-hoc | 30 June 2020 16:18
SPORTTOTAL AG: Long-term cooperation with Deutsche Telekom contractually agreed
SPORTTOTAL AG / Key word(s): Alliance
SPORTTOTAL AG: Long-term cooperation with Deutsche Telekom contractually agreed
30-Jun-2020 / 16:18 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Disclosure of insider information pursuant to Article 17 of EU Regulation No. 596/2014 SPORTTOTAL AG, ISIN: DE000A1EMG56 / WKN: A1EMG5
Long-term cooperation with Deutsche Telekom contractually agreed
– sporttotal.tv gmbh and Deutsche Telekom AG sign twelve-month feed-in contract to broadcast #DABEI channel on the MagentaTV platform
– sporttotal.tv gmbh expects sales in the mid single-digit million range
– #DABEI to be an events channel with 60-80 premium events per year
Cologne, 30 June, 2020. sporttotal.tv gmbh, a wholly-owned subsidiary of SPORTTOTAL AG, has today entered into a contract with Deutsche Telekom AG to feed in the sporttotal.tv gmbh entertainment channel “#DABEI” on the MagentaTV platform operated by Telekom Deutschland AG. The contract will run for a period of 12 months and sporttotal.tv gmbh expects to see annual sales in the mid single-digit million range.
60-80 premium events per year, plus self-produced content
For sporttotal.tv gmbh “#DABEI” represents an extension to its area of business. It includes premium content self-produced by sporttotal.tv gmbh and in particular live events in the fields of comedy, concerts and sport. The contract was preceded by a trial phase from March to June of this year, which in the opinion of the contracting parties has fulfilled their hopes and expectations.
SPORTTOTAL AG
Am Coloneum 2
50829 Cologne
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) 177_7 21 57 60
30-Jun-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | SPORTTOTAL 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.sporttotal.com |
| ISIN: | DE000A1EMG56 |
| WKN: | A1EMG5 |
| Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1082623 |
| End of Announcement | DGAP News Service |