Billionaire Boys Club Member Forum (BBCMF)

[mick]

Private Media and Erotic Media sign VOD and pay-TV license agreements (PRVT) 4.43 -.06 : Co and Erotic Media announce the signing of a Pay-TV license and a Video-on-Demand agreement for the use of the co's content in the territory of German-speaking Europe. Under the terms of the five-year Pay-TV Content Licensing Agreement, the co will receive 6 mln euro, including 3 mln euro in 2006 and 1.5 mln euro in 2007, in exchange for Erotic Media's immediate and future access to a specified quantity of titles in Private's content library. Additionally the two cos have also signed a five-year V.O.D. agreement where Erotic Media will become the co's V.O.D. content agent in German-speaking Europe whereby Erotic Media will have an unparalleled content offer in terms of both quantity and quality while obtaining maximum returns.