Motion Network TV

Motion Network Holding Plc ("MNH") Frankfurt listed, symbol HORA: keeps moving its policy to implement local partnerships in Europe forward.

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stock market/MEDIA

London (euro adhoc) - Motion Network Holding Plc ("MNH") Frankfurt listed, symbol HORA: keeps moving its policy to implement local partnerships in Europe forward. Each country platform will be in charge of domestic advertising sales, local content production and e-commerce solutions. Last week, MNH concluded a deal with Spectrum Optim Moscow for the exploitation of Russia, Belarus, Kazakhstan, and Georgia. Today, MNH carries on concluding a deal with Komuna for the exploitation of Serbia, Montenegro, Kosovo, Bosnia, Croatia, Macedonia, Albania and Romania. Maksa Catovic (prominent Serbian producer) will run the business all over the Balkans.

MNH remains the majority shareholder with a 55% shareholding in the new partnership entity and will supply 90% of subtitled programs in the Balkans, common programmes for global Europe.

Komuna will make the most of this peculiar and diverse region. Maksa Catovic, CEO of Komuna is an experienced movie producer - he produced such international box office as Underground and Black cat, white cat by Emir Kusturica. Komuna is also considered to be the leading Yugoslav independent TV program producer and has produced a wide range of TV programs - music programs, documentary on music and TV series. Maksa Catovic created integrated media company - movie, TV, music, publishing - thus Komuna is the ideal partner for MNTV in the Balkans.

Today MNH is in advanced talks with major partners in all Europe, the aim is to have partners with the same profile as Komuna, integrated companies with vertical businesses and distribution or sales network already running. said Christophe K. Kourdouly exec VP MNH

About Motion Network Holding Plc ("MNH")

MNH operates in the sector of communication and provides B2C and B2B services in the area of Television, IPTV, Internet, media content production and post production, software and retail. MNH operating services cover mostly Europe, Far East and the US. MNH's wholly owned Luxembourg subsidiary Motion Network TV ("MNTV") is the main group company that operates as a pan European film and music dedicated TV channel. For further information visit

About Komuna Komuna is an integrated entertainment company. It produces movies, TV content, music  - both records and concerts - and publishes books and comics. Komuna expertise covers the whole ex-Yugoslavian area. It is the leading Yugoslav independent TV program and movie producer. For further information visit

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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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