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ots Ad hoc-Service: splendid medien AG <DE0007279507> Splendid Medien further expands its video for sale /DVD division

Cologne/Munich (ots Ad hoc-Service) -

Für den Inhalt ist allein der Emittent verantwortlich
- Takeover of Polyband Gesellschaft für Bild- und Tonträger mbH &
Co. Betriebs KG, Munich - Expansion of the Splendid library to
include 300 video/DVD licence rights
With effect from 1 September 2000, Splendid Medien AG of Cologne
acquired a 100 percent share of Polyband Gesellschaft für Bild- und
Tonträger mbH & Co. Betriebs KG, Munich. Polyband markets videos and
DVDs for sale in Germany and German-speaking European countries. The
library comprises 300 available titles, including 150 predominantly
German and American feature films, 80 children's films/animated films
and 70 special interest titles (documentaries, sport videos). It has
been agreed that the acquisition price will remain confidential.
The Polyband takeover enables Splendid to further boost its film
assets, to expand its library and, in particular, to expand DVD
rights, which have a very promising future outlook. Polyband's sales
will reinforce Splendid's Video/DVD division, which generated
turnover of DM 13.1 million for Splendid in 1999.
Further information is available from: www.splendid-medien.de or
from the following contact:
Splendid Medien AG, Karin Opgenoorth, Alsdorfer Str. 3, 50933 Köln
Tel.: +49 221-95 42 32 99, Fax: +49 221-95 42 32 8, e-mail: 
karin.opgenoorth@splendid-medien.de
End
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