DGAP-News: splendid medien AG: Splendid Group enters into long-term partnership with freenet Group in the video-on-demand sector

Splendid Group enters into long-term partnership with freenet Group in the video-on-demand sector

- Extensive package of licences and services

- Splendid licenses more than 1,000 films for SVoD platform "freenet Video"

- Videociety meinVoD to handle technical provision of the VoD portal and distribution of over 8,000 films to borrow or purchase

Cologne/Büdelsdorf, 15 May 2018 - The Splendid Group has agreed an extensive long-term partnership with the freenet Group. mobilcom-debitel GmbH (a subsidiary of freenet AG) has exclusively commissioned the Splendid Group to implement and operate the new online video store "freenet Video". In particular, the Splendid subsidiary Videociety GmbH will handle technical services and the provision of film content on the basis of the meinVoD platform. "freenet Video" is available as of now at www.freenet-video.de and from 22 May 2018 in all 560 mobilcom-debitel shops and associated specialist retailers.

Under an SVoD agreement, Splendid is providing more than 1,000 films and series from a wide range of genres to the SVoD platform "freenet Video". Customers can also use "freenet Video" to access the more than 8,000 films and series in high-definition quality on Videociety's meinVoD platform and either watch them on demand or purchase them. Videociety is also handling operational support for "freenet Video". The partnership with freenet Group is planned to last at least five years.

Andreas R. Klein, CEO of Splendid Medien AG, comments: "This cooperation confirms the outstanding quality of the development work and services performed by our subsidiary Videociety and our meinVoD platform, as well as the quality of our Splendid film library. We are very much looking forward to working together."

Hans D. Henseleit, Managing Director of Videociety GmbH, says: "We are delighted that the smart VoD solutions that we offer our customers from the industrial, telecommunications and retail sectors as a service platform with our VoD platform meinVoD have also made us a partner to freenet Group. I am confident that the attractive services offered by 'freenet Video' will win over customers."

We are delighted to have found Splendid as a suitable partner for bringing the revolutionary concept of freenet video to fruition. So far, we are the only company in the field of streaming that has succeeded in creating a flat-rate format that offers its customers not only the "traditional" selection of films, but real blockbusters as well. This all fits very well with the freenet Group's video strategy and once again emphasises that with innovation and a sense of proportion in its pricing policy the company is creating attractive TV products for people in Germany and thus causing a real stir on the market," explains Antonius Fromme, Managing Director and Head of Digital Strategy and Services at freenet AG.

About freenet Video:
freenet Video offers all users a video-on-demand collection of around 1,000 films and series for a flat rate of EUR 4.99 per month. Around 8,000 more films and series are also available for customers to borrow or purchase. The product offers streaming in top HD image quality and can be used on up to five devices such as TVs, PCs and smartphones/tablets. freenet Video is a mobilcom-debitel GmbH brand and thus part of the freenet Group.

About Splendid:
Splendid Medien AG is a medium-sized, integrated media group, mainly operating in German-speaking areas of Europe and in the Benelux countries. The group markets and produces films and entertainment programmes for cinema, home entertainment and television, and performs a wide range of services for the film and television industry, specialising in digitisation/new media and synchronisation. www.splendidmedien.com

About videociety/meinVoD:
Since 2010, Videociety GmbH has been offering the latest films and series in HD and 3D digitally on customers' devices, both on demand (TVoD) and for sale (EST). meinVoD is the B2B2C brand of videociety GmbH. Customers from the industrial, telecommunications and retail sectors can benefit from a branded portal that offers an extensive end-to-end solution covering content, development, operation and portal management with the highest level of quality.

For more information, please contact:
Splendid Medien AG
Karin Opgenoorth
Alsdorfer Strasse 3
50933 Cologne, Germany
Tel.: +49 221 95 42 32 99
Fax: +49 221 95 42 32 613
karin.opgenoorth@splendid-medien.com
www.splendidmedien.com