DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft enters into cooperation with Cruiser Enter

DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft enters into cooperation with Cruiser Entertainment

ID: 158079

(firmenpresse) - DGAP-News: DEAG Deutsche Entertainment Aktiengesellschaft / Key
word(s): Alliance
DEAG Deutsche Entertainment Aktiengesellschaft enters into cooperation
with Cruiser Entertainment

20.06.2012 / 09:47

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Corporate press release

DEAG enters into cooperation with Cruiser Entertainment

- Intensification of the existing successful cooperation

- Synergies in the fields of marketing, sponsorships and A&R

- New media as a further focus of cooperation

- Shareholding of DEAG in Cruiser Entertainment possible

Berlin - June 20, 2012: DEAG Deutsche Entertainment AG (ISIN DE000A0Z23G6)
has entered into a long-term cooperation agreement with Cruiser
Entertainment GmbH, which involves the DEAG subsidiary DEAG Music. The
companies build on an already proven cooperation in various projects. For
DEAG, the cooperation means additional opportunities in sponsoring and
marketing, more particularly also in the digital field and in new media.
Successful joint projects were already implemented in the past, for
instance by including YouTube.

In addition, close cooperation in the field of Artists&Repertoire (A&R)
is planned, with which DEAG is given flexible access to efficient resources
and an additional network. Moreover, Cruiser Entertainment will act as a
representative office for the DEAG Music label in Hamburg. The cooperation
does not involve higher fixed costs, so that on the variable level
synergies can be tapped, which have a direct impact on sales revenues and
results. Furthermore, the partners have already contractually agreed that
DEAG will be granted an option to acquire a significant stake in Cruiser
Entertainment GmbH in future.

Cruiser Entertainment was set up in 2001 by the successful music manager




and former managing director of BMG Hamburg, Eckhart Gundel. The company
specializes in the concept, production, licensing and realization of
contents in the fields of Music, Word, Video and Special Interest.

DEAG Deutsche Entertainment AG
Executive Board

For further information please contact:
Axel Muehlhaus
edicto GmbH
Eschersheimer Landstr.42
60322 Frankfurt am Main
Germany
Tel: +49-69-90 550 552
Fax: +49-69-90 550 577
Email: deag(at)edicto.de


End of Corporate News

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20.06.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's 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: DEAG Deutsche Entertainment Aktiengesellschaft
Potsdamer Straße 58
10785 Berlin
Germany
Phone: +49 (0)30 / 810 75-0
Fax: +49 (0)30 / 810 75-519
E-mail: deag(at)edicto.de
Internet: www.deag.deISIN: DE000A0Z23G6
WKN: A0Z23G
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart


End of News DGAP News-Service
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174689 20.06.2012


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Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: EquityStory
Datum: 20.06.2012 - 09:47 Uhr
Sprache: Deutsch
News-ID 158079
Anzahl Zeichen: 7264

contact information:

Kategorie:

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