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Motion Network TV

The new agreement in Turkey marks the roll-out plans of Motion Network Holding to make out of Motion Network TV the first syndication in Europe and a pan-European channel

Paris (euro adhoc) -

  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
stock market/Media
Motion Network Holding, parent company of Motion
Network TV, the first 24/7 free movie channel in Europe, is 
finalizing talks with Strech Films in Turkey in order to launch 
Motion Network TV Turkey. Adding to Motion Network TV Russia, 
Georgia, Belarus, Kazakhstan and Balkans, Motion Network Holding 
strengthens its position in far eastern Europe. This new agreement 
marks the roll-out plans of Motion Network Holding to make out of 
Motion Network TV the first syndication in Europe and a pan-European 
channel.
Motion Network TV adds a new vast territory. The channel will 
broadcast movies that will be subtitled in Turkish and programs in 
Turkish locally produced by Strech Films. Strech Films has already 
contacted cable and digital operator and will implement Motion 
Network TV roll-out by reaching the widest audience.
With over 14 million television-owning households, the broadcasting 
market is one of the biggest in Europe. The vast majority of private 
television channels are considered as generalist in terms of their 
output. In recent years, there has been a rise in the number of 
thematic channels. There are several music, documentary, sports, news
and entertainment channels. But there is no real movie thematic 
channel so far in the Turkish media landscape. More over there is 
significant popular demand for new technologies and services, as 
observed in the mobile telephone market, where there is a penetration
of 40 per cent, with around 30 million users.
Strech Films is a young and ambitious production company established 
in 2007. It has already worked with prestigious client such as Fox. 
Its creation follows the successful carrier of its founders, Ulas 
Ygit Ülker and Omer Faruk Baydar, in the entertainment industry. Ulas
Ygit Ülker, CEO of Strech Films, enjoys a various experience as he 
worked for ATV, Ogilvy & Mathers Advertising Agency and take part at 
different levels in several movies and commercials.
"After analyzing your global business plan, made necessary research 
and evaluation of Motion Network TV's opportunities and challenges in
the receptive market; we have, after consultation from major media 
actors in Turkey, reached a positive conclusion" said Ulas Ygit 
Ülker, CEO and founder of Strech Films.
The partnership combines Motion Network Holding European vision and 
network with a strong experience in all aspect of the domestic media 
and entertainment industry from Strech Films executives.
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 
http://www.motionnetworktv.com.
About Strech Films
Strech Film was established by Ulas Yigit Ulker and Faruk Baydar in 
2007 after many years of experience from production of various 
television programs, music videos, advertisements and films. With the
wide scope of knowledge the company's focus is to provide services to
the costumers in terms of all steps of the productions life cycle, 
which means in addition to the production itself, they do also 
contribute with pre-, post facilities and services. Despite their new
entrance into the market, they have been working with reputable 
companies as Fox TV, MTV and Turkcell. For further information visit 
http://www.strech-film.com/
end of announcement                               euro adhoc

Further inquiry note:

Christophe Kourdouly
Telefon: +33 1 42 56 24 38
E-Mail: christophe@antetimeprod.com

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

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