Brief: Sporttotal To Receive 25 Million Euros From sporttotal.tv Expansion

SPORTTOTAL AG

13/06/2019 11:38

June 13 (Reuters) - SPORTTOTAL AG  WIGGk.DE :
    * EUR 25 MILLION IN EXTRAORDINARY PROCEEDS FROM THE TRANSFER
OF IP
RIGHTS FOR INTERNATIONAL EXPANSION OF SPORTTOTAL.TV
    * ACROSS EUROPE, COMPANY WILL EQUIP AMATEUR CLUBS WITH
TECHNOLOGY
THAT ALLOWS EVENTS TO BE BROADCAST AUTOMATICALLY TO
"SPORTTOTAL.TV"
    * SPORTTOTAL - THE GOAL IS TO GENERATE MORE THAN 80 MILLION
EUROS
IN SALES IN 2024 WITH LOCAL ADVERTISING PARTNERS, NATIONAL
SPONSORS, PAID CONTENT AND VALUE-ADDED SERVICES
    * AIM OF EBITDA MARGIN OF WELL OVER 50 PERCENT IN 2024

Source text for Eikon:  ID:nEQdHT18a 
Further company coverage:  WIGGk.DE 

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