This will enable sporttotal to override the general economic trend and continue its positive development while generating new revenue streams despite the COVID-19 pandemic.
DGAP-News: SPORTTOTAL AG
/ Key word(s): Alliance
SPORTTOTAL AG: Long-term cooperation with Deutsche Telekom contractually agreed
30.06.2020 / 16:23
The issuer is solely responsible for the content of this announcement.
- Following a successful trial period, sporttotal.tv gmbh will present its #DABEI channel to viewers for at least another 12 months on MagentaTV
- Sales expected 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, will continue to offer its entertainment channel "#DABEI" to viewers for at least a further 12 months on Telekom Deutschland's MagentaTV platform. Following a successful trial phase during the acute coronavirus crisis, with an exclusive feed-in contract and new marketing opportunities sporttotal.tv gmbh expects to see sales in the mid single-digit million range. This will enable sporttotal to override the general economic trend and continue its positive development while generating new revenue streams despite the COVID-19 pandemic.
Plans foresee extensive own production
About SPORTTOTAL AG:
30.06.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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