Territory deal for Super Soccer Star
27 April 2009 - 8:00AM
UK Regulatory
TIDMGON
RNS Number : 1686R
Galleon Holdings PLC
27 April 2009
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| Date: | 27 April 2009 |
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| On behalf of: | Galleon Holdings plc ('Galleon', 'the Company' or 'the Group') |
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| Embargoed for: | 0700hrs |
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Galleon Holdings PLC
North Africa territory deals for Super Soccer Star
Galleon Holdings plc (AIM: GON), the AIM listed entertainment media company
developing and producing multi-platform properties with a focus on emerging
markets, is pleased to announce that it has signed a contract to grant Media
Star Global the territory rights to Galleon's wholly owned property Super Soccer
Star across regions in North Africa. Produced in association with Chelsea
Football Club, Super Soccer Star is a multi-platform entertainment property
which includes a prime time reality show to find the best football players
between 13 and 16 years old.
Under the terms of the agreement, Galleon will receive a non refundable but
recoupable advance for the initial agreement, with a revenue share of net
income. The North African contract covers the territories of Algeria, Egypt,
Libya, Morocco and Tunisia. Media Star Global also holds territory rights to
Super Soccer Star in India and Middle East.
Media Star Global is an entertainment company that develops, produce and manage
entertainment properties in emerging markets. As with previous successful series
of Super Soccer Star in China and Malaysia, online recruitment and TV promotion
will be undertaken in the build up to the show and additional brand sponsors
will be announced in due course. The show generates revenues from mobile and
online voting, sponsorship, advertising and branded merchandise.
Commenting on the agreement, Stephen Green, CEO of Galleon Holdings, said:
"Super Soccer Star has been a huge success in China and Malaysia and we continue
to secure agreements to roll out this property globally. This agreement follows
territory deals with IMG in Eastern Europe and Scandinavia, and our other
production partners in China, Malaysia, Indonesia, Vietnam, India and the Middle
East, demonstrating our ability to develop Super Soccer Star into a global
entertainment brand."
Wasim Haq, CEO of Media Star Global, added:
"Our initial contract with Galleon and Chelsea FC across India and the Middle
East is progressing well and we are excited to have the opportunity to work with
Galleon in the additional territories. Following the success in China and
Malaysia, we believe Super Soccer Star has the right ingredients to achieve
success in North Africa, as well as the Middle East and India."
- Ends -
Enquiries:
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| Galleon Holdings plc | www.galleonplc.com |
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| Stephen Green, Chief Executive | Tel: 020 8742 3636 |
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| | |
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| Cenkos Securities (Nominated Adviser & | |
| Broker) | |
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| Ken Fleming / Jon Fitzpatrick | Tel: 0131 220 9772 / 0131 220 |
| | 9773 |
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| | |
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| Redleaf Communications | Galleon@redleafpr.com |
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| Samantha Robbins / Sanna Sumner / Mike Ward | Tel: 020 7566 6700 |
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Notes to Editors:
ABOUT GALLEON HOLDINGS
Galleon Holdings plc creates and distributes multi-platform branded
entertainment properties focused on the emerging markets, in particular China
and South East Asia. The entertainment properties are designed to establish a
direct, interactive relationship with the viewer.
Television in China reaches approximately 98% of the population of 1.3 billion.
Mobile phone penetration is also high, with over 500 million subscribers and
with over 300 million people online, China is now the largest online market in
the world. Huge TV audiences and growing interactive platform access presents a
substantial opportunity for Galleon to benefit from the popularity and demand
for interactive entertainment and game shows. China is forecast to become the
world's fifth largest advertising market.
In October 2007 Galleon acquired Phoenix, a Hong Kong based media solutions
company, which specialises in the provision of interactive broadcast television
services that enable broadcasters in China and South East Asia to provide
interactive entertainment for audiences to access through TV, online and mobile.
In February 2008 Galleon acquired Yunbo, a mobile service provider in China,
strengthening the Company's ability to provide Chinese broadcasters with a
complete media solution for multiplatform entertainment. Galleon now has total
control over the interactive content, its delivery to the consumer, data capture
and the billing process.
Galleon develops entertainment formats for children, families and young adults.
These include:
Y Super Soccer Star - an interactive family orientated football talent show.
Produced in association with Chelsea Football Club. The first series, broadcast
in Guangdong province, China, achieved top five show status. The show has
recently launched in Malaysia.
Y Skunk Fu! - a comedy action animated TV show for kids aged 6-11.
Y Apollo's Pad - an interactive online animated sitcom targeting the young male
audience.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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