DGAP-News: Tele Columbus AG / Key word(s): Agreement/Miscellaneous
Cooperation agreement on HD and UHD broadcasting
Mediengruppe RTL expands range of free-to-air
Berlin/Cologne, 30 September 2020. Mediengruppe RTL Deutschland is continuing to expand its range of free-to-air and pay TV broadcasting, as well as the reach of its HD programming. As part of a broadcasting cooperation agreement with Tele Columbus AG, free-to-air channels VOXup (HD/SD), RTLplus (HD/SD), TOGGO Plus (HD/SD) and pay TV channels RTL Crime HD, RTL Living (SD) and GEO Television HD are now available on the Tele Columbus Group network through its PYÜR brand. RTL UHD is the first ultra-high definition channel to be broadcasted on the central Tele Columbus network. It is now available for PYÜR customers with the HD package.
As part of their extensive cooperation agreement, Mediengruppe RTL Deutschland and Tele Columbus AG have established a new contractual basis for the broadcasting and use of all RTL television channels on Tele Columbus Group networks. The agreement secures the long-term, nationwide broadcasting of all linear channels in all available resolutions on the Tele Columbus Group network and also lays the foundations for the interactive use of Mediengruppe RTL content on Tele Columbus' digital TV platform.
The additional free-to-air HD channels will be available to all existing and new PYÜR customers in the corresponding free-to-air HD packages. The new pay TV channels will be available in existing pay TV packages and as part of many customers' existing plans.
"Our wide-ranging multichannel offering is enjoying ever-increasing popularity," says Oliver Schablitzki, Executive Vice President Multichannel at Mediengruppe RTL Deutschland. "Featuring highlights from the extensive Mediengruppe RTL broadcasting portfolio, our pay TV channels RTL Living - the "home of Jamie Oliver" in Germany -, RTL Crime and GEO Television are the place to be for series premieres in Germany. Not only do our free-to-air TV channels NITRO, RTLplus and VOXup enjoy regular success among their respective core target groups, they also make a significant contribution to the overall reach of Mediengruppe RTL Deutschland. By broadcasting on one of Germany's leading fibre optic networks, we are sure that our channels' high-quality programming will attract many new viewers moving forward."
"We held intense discussions on the terms of the new broadcasting partnership," says Stefan Riedel Chief Consumer Officer at Tele Columbus AG. "We are delighted that our cooperation with Mediengruppe RTL means that we can offer our customers an even wider range of programming and also a channel in UHD quality for the first time on the central network. We can further refine the range of interactive services for our customers by providing new and diverse content through our network as well as additional multimedia offerings."
Tele Columbus AG is one of Germany's leading fibre network operators which reaches more than 3 million homes. Via its brand PŸUR, the Company, offers high-speed internet including telephony and more than 250 TV channels. All of this via a digital entertainment platform that combines linear TV with video on demand entertainment. To its housing association partners the Tele Columbus Group offers tailored models of cooperation and state-of-the-art services such as telemetric and tenant portals. As a full-service partner for municipalities and regional utilities, the Company is actively supporting the fibre-based infrastructure and broadband internet expansion in Germany. For its business customers the Group offers carrier services and corporate solutions on its proprietary fibre network. Besides its headquarter in Berlin, the Company has locations in Hamburg, Leipzig, Ratingen and Unterföhring/Munich. Since January 2015, Tele Columbus AG is listed on the regulated market (Prime Standard) of the Frankfurt Stock exchange and a member of the SDAX.
This release may contain forward-looking statements. These statements reflect the Company's current knowledge and expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. Such risks, uncertainties and assumptions may cause our actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. Accordingly, investors are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this document.
This release contains references to certain non-GAAP financial measures, such as Normalized EBITDA and Capex, and operating measures, such as RGUs, ARPU, and Unique Subscribers calculations. These non-GAAP financial and operating measures should not be viewed in isolation as alternatives to measures of the Company's financial condition, results of operations or cash flows as presented in accordance with IFRS. The non-GAAP financial and operating measures used by the Company may differ from, and not be comparable to, similarly titled measures used by other companies.
All information contained in this release has been carefully prepared. However, no reliance may be placed for any purposes whatsoever on the information contained in this document or on its completeness. No representation or warranty, express or implied, is given by or on behalf of the Company or any of its directors, officers or employees or any other person as to the accuracy or completeness of the information or opinions contained in this document and no liability whatsoever is accepted by the Company or any of its directors, officers or employees nor any other person for any loss howsoever arising, directly or indirectly, from any use of such information or opinions or otherwise arising in connection therewith. The Company does not undertake any obligation to update or revise any information contained in this release, including forward-looking statements, whether as a result of new information, future events or otherwise.
30.09.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
Tele Columbus AG
+49 (0)30 3388 1781
+49 (0)30 3388 9 1999
Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
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