RCS - Cordiant Digital Inf - CRA signs contracts for three new channels

Cordiant Digital InfrastructureAnnouncement

22/05/2023 07:00

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RNS Number : 0857A  Cordiant Digital Infrastructure Ltd  22 May 2023

22 May 2023

LEI: 213800T8RBBWZQ7FTF84

 

CORDIANT DIGITAL INFRASTRUCTURE LIMITED

 

České Radiokomunikace signs contracts for three new TV broadcast channels

 

Cordiant Digital Infrastructure Limited (CORD), an operationally focused
investor in the core digital infrastructure that enables modern communications
and the internet, announces that portfolio company, České
Radiokomunikace ("CRA") has signed customer agreements to broadcast three
new channels.

 

The team at Cordiant Capital Inc, CORD's investment manager, supported CRA in
the signing of these exciting new revenue-generating agreements. They were
made possible by CRA's investment over the past few years in the latest
generation of broadcast technology, DVB-T2, which has created more capacity to
be sold for new channels in CRA's broadcast infrastructure.

 

The first channel, launched early in Q2 2023, is A11 TV from the A11 media
group. This digital terrestrial channel signed a three-year contract. A11
offers domestic and international programming, and is the first channel in the
country to make use of Artificial Intelligence ("AI") in the creation of
content and operations.

 

The A11 media group has also signed a minimum three-year contract for a second
channel, A11 Sport. This channel is a joint-venture with the Perinvest Group.
It will offer a variety of sports programming in addition to health and
fitness content. A11 Sports is expected to commence transmissions before the
end of the second quarter.

 

Finally, CRA has signed a minimum three-year contract with Swedish-based
Topmerch Group for a teleshopping channel. Topmerch expect to commence
broadcasts by the end of the third quarter of 2023.

 

These new contracts follow the previously-announced five-year agreement
between CRA and the US blue chip pay TV broadcaster AMC Networks International
(AMC), a global provider of well-known content such as AMC, Film+ and Sport1.
This channel is the free-to-view, advertiser-supported version of content
previously only available on an over-the-top subscription basis.

These contracts demonstrate the appeal of the digital terrestrial broadcast
platform to regional and international broadcasters as the most sustainable
and efficient way to transmit content to viewers. Terrestrial television
broadcasting is the most widely used method of television distribution in the
Czech Republic covering 99% of population and used by nearly 60% of
households. Digital terrestrial broadcasting brings households a wide range of
the most watched TV channels in the Czech Republic.

About CRA

CRA is a diversified digital infrastructure company, operating mobile towers,
a broadcast network, data centres, a fibre network and Internet of Things
networks serving utilities. The company has a history of offering superior
customer service, increasingly through integrated solutions spanning the
spectrum of digital infrastructure.

 

 

For further information, please visit www.cordiantdigitaltrust.com
(http://www.cordiantdigitaltrust.com) or contact:

Cordiant Capital, Inc.

Investment Manager

Stephen Foss, Managing Director           +44 (0) 20 7201 7546

 

Aztec Financial Services (Guernsey) Limited

Company Secretary and Administrator

Chris Copperwaite / Laura Dunning             +44 (0) 1481 74 9700

 

Celicourt

Public Relations Advisor

Philip Dennis/Felicity Winkles/Ali AlQahtani  +44 (0)20 8434 2643

 

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