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ots Ad hoc-Service: Intertainment AG <DE0006223605> Intertainment sells film rights in France and the United Kingdom worth more than USD 70 million

Munich (ots Ad hoc-Service) -

The sender is solely responsible for the contents of this
announcement.
Intertainment AG has sold film licenses to the British media
corporation Redbus and the French television broadcaster TF1 with a
total volume of more than USD 70 million. Together with the recently
announced free-TV contracts for the Italian and Spanish markets,
Intertainment's total film license package sales have reached a
volume of approximately USD 115 million in the recent past.
"Negotiations for additional contracts are also in the final stages",
according to Rüdiger Baeres, Chairman of the Managing Board at the
Munich corporation, which is listed on the German New Market.
While the deal between Intertainment and TF1 covers free-TV for
the French market, the Redbus contract award rights for free-TV and
video-on-demand in the United Kingdom. The British contract includes
the American mainstream films "The Whole Nine Yards" with Bruce
Willis in the leading role, "Battlefield Earth" (John Travolta), "Art
Of War" (Wesley Snipes and Donald Sutherland), "Get Carter" starring
Sylvester Stallone, "The Pledge" (Jack Nicholson), "The Whole
Shebang" (Bridget Fonda) and "Angel Eyes" (Jennifer Lopez), as well
as the VOD rights to other Intertainment films.
The films sold are the work of the renowned American production
companies Franchise Pictures and Original Voices. Last year
Intertainment acquired the pan-European rights to these films from
both companies. The contracts guarantee the Munich media corporation
the rights for all marketing aspects, adding the French and British
theater, video and pay-TV revenues to Intertainment earnings from the
previously sold films.
Information on Intertainment:
Munich-based Intertainment AG is a media corporation specializing
in film licensing and merchandising activities. Preliminary figures
for the fiscal year 1999 show growth in revenues of 91.5 percent to
DEM 56.1 million for the media group, which is listed on Frankfurt's
New Market. This growth was accompanied by an increase in results
from ordinary business activities of approximately 130 percent to DEM
20.2 million. In the current fiscal year, Intertainment is expecting
a boost in revenues to approximately DEM 290 million and results from
ordinary business activities totaling more than DEM 76 million. This
jump in revenue will be generated in part by the expansion of
business activities throughout Europe.
Press Contact: Intertainment AG Claudia Wilmans Widenmayerstrasse
49 D - 80538 Munich
Tel.: ++49 89 / 21 69 9-0 Fax: ++49 89 / 21 69 9-11 E-mail: 
cwilmans@intertainment.de
End
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