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Final Contract Concluded Between Sport1 Medien AG and ACUNMEDYA

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ACUNMEDYA has finalized its investment in Sport1 GmbH. The transaction, in which it acquired 50 percent of the shares in Sport1 GmbH, was completed today. Sport1 Medien AG, a subsidiary of Highlight Communications AG, and ACUNMEDYA, based in Istanbul, agreed on February 23 to this deal as part of a broader cooperation.

The agreement includes changes in leadership. Dr. Matthias Kirschenhofer will become the sole Managing Director of Sport1 GmbH. Robin Seckler will remain Co-CEO of Sport1 Medien AG along with Dr. Kirschenhofer.

The strategic alliance includes a content partnership. ACUNMEDYA will bring successful entertainment formats to German free-TV on SPORT1, starting with a German version of the sports reality format EXATLON in September.

R. H.

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