24.02.2016
_wige MEDIA AG DE000A1EMG56
DGAP-Adhoc: _wige MEDIA AG to partner Alibaba Sports Group
_wige MEDIA AG / Key word(s): Alliance
24.02.2016 13:42
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Ad-hoc announcement of 24 February 2016 pursuant to Section 15 of the
German Securities Trading Act (WpHG)
_wige MEDIA AG, ISIN: DE000A1EMG56 / WKN: A1EMG5
_wige MEDIA AG to partner Alibaba Sports Group
Cologne, 24 February 2016 _wige MEDIA AG and the Alibaba Sports Group, a
subsidiary of the leading e-commerce company in China, have today signed a
cooperation agreement. This cooperation will enable _wige MEDIA AG to
considerably accelerate its internationalisation and digitalisation
strategy. The partnership covers the motorsports sector, video transmission
technology for sport arenas and remote production. Specifically, the
partners will organize, produce and market sport events as part of their
cooperation, initially in the core segment of motorsports. Another
important additional component of the agreement is the equipping of sports
venues in China with innovative digital video technology and marketing
content in media channels, also in the partners' own sports media. Alibaba
Sports strives to create a completely new experience of sport through its
intelligent stadiums: amateur athletes are also to receive their own data
and moving image productions, which will enable them to improve their
abilities. Alibaba Sports intends to use _wige's competences for this
purpose.
Company contact:
_wige MEDIA AG
Am Coloneum 2
50829 Köln
Germany
www.wige.de
Tel: +49 [0] 221_7 88 77_ 0
Fax: +49 [0] 221_7 88 77_ 199 Email: [email protected]
Investor Relations:
BSK Becker+Schreiner Kommunikation GmbH
Tobias M. Weitzel
Tel.: +49 [0] 2154_ 81 22 16
Email: [email protected]
24.02.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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Language: English
Company: _wige MEDIA AG
Am Coloneum 2
50829 Köln
Germany
Phone: +49 (0)221 7 88 77 0
Fax: +49 (0)221 7 88 77 199
E-mail: [email protected]
Internet: www.wige.de
ISIN: DE000A1EMG56
WKN: A1EMG5
Listed: Regulated Market in Frankfurt (General Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Stuttgart
End of Announcement DGAP News-Service
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