DGAP-News: Your Family Entertainment AG
/ Key word(s): Alliance
26.11.2020 / 09:00
The issuer is solely responsible for the content of this announcement.
Corporate News Your Family Entertainment AG (WKN A161N1; ISIN DE000A161N14)
The new RiK: IFC Media and Your Family Entertainment AG relaunch first Slovak language Family TV Channel RiK
Munich/Germany - Bratislava/Slovakia - 26 November 2020 - IFC Media, a leader in the distribution of TV channels and content in the Czech and Slovak markets, and Your Family Entertainment AG (YFE) from Germany team up to relaunch the first children and family TV channel RiK in Slovakia.
The international growth of YFE's family of RiC/RiK channels continues: After launching its global network in 2019, YFE and IFC Media jointly announced today the relaunch of TV RiK, Slovakia's first TV channel for kids and families in Slovak language. The new linear Pay TV channel RiK is aimed at children and families and will broadcast award-winning films and series on a 24h basis.
RiK the Raven, born in Ravensburg, Germany, is not only an iconic animated series but also the broadcaster's hilarious mascot for the family of TV networks worldwide. The relaunch of RiK in Slovakia represents the next step for the territorial expansion of channels after Germany, Austria, Switzerland and the launch of RiC International in cooperation with A1 Telekom (Austria) in 2019.
RiK Slovakia continues the channel's tradition of offering highly entertaining content for children and families. It encompasses award-winning and educational shows in Slovak language, such as cult animation masterpieces "Country Mouse and City Mouse", "Timothy Goes to School", and "Marvin the Tap Dancing Horse" for younger kids. The line-up also includes international blockbuster series like "Dragon Hunters" or "Rescue Heroes" and popular live-action classics like "The Adventures of Family Robinson".
RiK's launch in Slovakia comes at the right time to support kids in the current pandemic as lockdowns and social distancing weigh on children in particular. RiK's programmes are designed to be entertaining and fun while promoting social values and avoiding violence. Parents can thus rely on RiK to provide the right kind of entertainment for their loved ones in these difficult times. YFE's mission is to promote social values around the world through its programmes, a fact that was recently confirmed by Asset Impact, a German rating agency for companies compliant with environmental, social and governance (ESG) criteria.
"We are very excited about the partnership with YFE and the opportunity to return to Slovak families with our first Slovak language TV channel for kids. We firmly believe that RiK will enrich the TV-bouquets of all operators in Slovakia and fill a gap in the market with its strong focus on education, entertainment and promotion of social values," says Jozef Pipek, CEO of IFC Media.
Bernd Wendeln, COO and Board Member of YFE, is delighted to announce the RiK channel launch: "Our Group strives to expand internationally by teaming up with great partners. We are thus excited to join forces with IFC Media and are looking forward to a long-term partnership. RiK comes at the exact right moment for children and families in Slovakia. The launch is yet another excellent example of YFE's ability to expand and build its business internationally, even in difficult times."
About Your Family Entertainment AG
Your Family Entertainment AG ("YFE") (WKN [German security code number]: A161N1, ISIN: DE000A161N14, Abbreviation: RTV) with headquarters in Munich/Germany is a producer and distributor of high-quality children and family programs with one of the largest broadcaster-independent libraries in Europe. Its stock includes well-known series such as "Enid Blyton", "Fix & Foxi" and "Altair". YFE additionally operates the award-winning Pay-TV kids channel "Fix&Foxi", which is available in the GAS-Region (German), in Africa and Middle East (Arabic and English). The Company also established free-to-air kids channel "RiC" with a current coverage of 34 Mio. households in the GAS region. In addition, YFE operates several mobile TV streams and digital channels worldwide
IFC Media ("IFC") is a major commercial broadcast entertainment and media company in Slovakia and the Czech Republic. The group's operations encompass entertainment production, content and Pay TV distribution, television broadcasting and satellite tv production. The Company has been operating in the region since 2009.
Contact at Your Family Entertainment AG:
Your Family Entertainment AG
Tel.: +49 (0) 89 99 72 71-0
Contact at IFC:
IFC MEDIA, S.R.O.
811 09 Bratislava
Tel.: +421 910 739 782
26.11.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
Your Family Entertainment AG
+49 (0)89 997 271-0
+49 (0)89 997 271-91
Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart
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