Your Family Entertainment AG / DE000A161N14
07.02.2024 - 09:58:20Your Family Entertainment AG takes the next step and presses ahead with its international expansion
EQS-Media / 07.02.2024 / 09:58 CET/CEST PRESS RELEASE New cooperation agreements with the MBC GROUP and DISH Bernd Wendeln (COO Your Family Entertainment): "With these steps, we are further expanding our position as a global provider of children's and family entertainment.“ Munich, February 7, 2024 Your Family Entertainment AG (“YFE”, WKN: A161N1, ISIN: DE000A161N14, ticker symbol: RTV), a leading children's and family entertainment company, announces the successful expansion of its global presence through cooperation agreements with two renowned international media companies. Your Family Entertainment AG has further expanded its collaboration with MBC GROUP, the leading media company in the Middle East and North Africa. MBC GROUP has secured the license rights for the brand-new animated series "Shaq's Garage". Inspired by the life of basketball legend Shaquille O'Neal, the series focuses on core values such as friendship, teamwork and self-confidence, sending an important message to children. The agreement gives MBC GROUP exclusive first broadcast rights for television and streaming services in the MENA region in both English and Arabic. The series was produced by Kartoon Studios in Hollywood/US, the strategic partner of YFE. At the same time, YFE has entered into a partnership with DISH, the leading satellite and pay TV provider in Mexico. YFE's award-winning pay-TV channel "Fix&Foxi TV" is now available in Spanish on the digital platform 'mvshub'. This initiative means that children and families in Mexico will finally have access to YFE's wide range of entertaining and educational content. Bernd Wendeln, COO of Your Family Entertainment AG: "The expansion of our partnerships with leading players in the MENA region and Mexico illustrates our continued commitment and success in making first-class, child-friendly entertainment accessible worldwide. These steps further strengthen our position as a global provider of children's and family entertainment. We also remain true to our mission of enriching families worldwide with high-quality, value-oriented content.“ Über Your Family Entertainment AG The Munich-based German company Your Family Entertainment AG (WKN: A161N1, ISIN: DE000A161N14, abbreviation: RTV) (YFE) stands as a leading producer and distributor of high-quality children's and family programming. YFE owns and operates one of Europe's largest channel-independent libraries. Each content piece is meticulously curated to be educational, entertaining, and devoid of violence. Further expanding its offerings, YFE powers the globally recognized pay TV channel "Fix&Foxi TV", the free-to-air "RiC TV", and a myriad of mobile and digital channels. In December 2021, YFE celebrated a strategic alliance by welcoming Kartoon Studios (NYSE: TOON) as its significant shareholder, forging a robust path to a global "Content with a Purpose" collaboration. Contact: Your Family Entertainment AG Investor Relations Michael Huber Tuerkenstrasse 87 80799 Munich Germany Tel.: +49 (0) 89 99 72 71-0 E-Mail: michael.huber@yfe.tv www.yfe.tv End of Media Release Issuer: Your Family Entertainment AG Key word(s): TV/Radio 07.02.2024 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com |
Language: | English |
Company: | Your Family Entertainment AG |
Türkenstraße 87 | |
80799 München | |
Germany | |
Phone: | +49 (0)89 997 271-0 |
Fax: | +49 (0)89 997 271-91 |
E-mail: | ir@yfe.tv |
Internet: | www.yfe.tv |
ISIN: | DE000A161N14 |
WKN: | A161N1 |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart |
EQS News ID: | 1832411 |
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