Motion Network TV

Motion network Holding is running today its policy of local partnerships implementation in Europe.

Motion Network Holding implementiert Länderpartnerschaftsvereinbarung mit Spectrum Optim Moscau, gestützt von Crossinvestbank

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stock market/media

Paris (euro adhoc) - Motion network Holding  is  running  today  its policy  of  local  partnerships implementation in  Europe.  These   platforms  will  be  in  charge  of  domestic advertising sales, local content production and e-commerce  solutions.  MNTV  is pleased to announce the conclusion of a deal with Spectrum Optim  Moscow   backed up by Crossinvestbank, for the exploitation of Russia, Belarus, Kazakhstan,  and Georgia. Konstantin  Vitkin  (major   Russian  TV  producer)  and  Andrei  Alkema (Crossinvestbank partner) will hold the business here and  will  profit  on  the Eurasian Academy network to supply local content.

The advertising market have surged in the last decade, reaching $6   billion  and representing a 32 percent increase from last year. There are a  variety  of  big companies on the market with  unlimited  ad   budgets,  but  limited  advertising opportunities. They include alcohol, tobacco, and beer companies  that  for  the most part can't advertise on TV and have practically taken over the  market  for outdoor advertising. Everyone else has  to  compete  for  the   remaining  space, which keeps prices high." By some measures, Russia is,  in  fact,  the  world's fastest-growing advertising market.

Spectrum expects to reach 0,2% of market share by end of  2009,   Motion  Network Holding remains majority shareholder 75% with the   new  entity,  Motion  Network will supply 90% of programmes subtitled in Russian. Royal Bank of Scotland, Motion Network corporate bank   will  organize  the  cash pulling on profits as long as the accounting systems remain different  from  the international ones.

Today Motion Network is in talks with major partners  in  all  Europe reviewing technical details about subtitles or stakes' percentage.

"We thought it could have been much longer to attract local partners; today  our problem is the selection of a partner among all   interested  institutions  ready to go with us" said Julie Guetta head of business development in Motion France.

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ots Originaltext: Motion Network TV
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Further inquiry note:
Christophe Kourdouly
Telefon: +33 1 72 100 214

Branche: Media
ISIN:      GB00B291K520
WKN:        A0M910
Börsen:  Börse Frankfurt / Open Market

Weitere Meldungen: Motion Network TV

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