Jetix Europe N.V

Jetix Europe and Disney agree to integrate thei...

Jetix Europe  today announced  that  it has  signed  a deal  with  an
affiliate of its majority shareholder,  The Walt Disney Company  Ltd,
to integrate the  management of  its French channel  with the  Disney
Channels operation in France.

This agreement means that the Disney Channels France team will manage
Jetix' French channel operations with immediate effect alongside  its
existing channels -  Disney Channel and Playhouse Disney.

Jetix Europe  has taken  this decision  after a  full review  of  its
strategic options.   The  new  deal  will allow  Jetix  to  retain  a
profitable business  in  France following  the  recent renewal  of  a
multi-year distribution agreement.

The move also allows Jetix' French channel to work more closely  with
its majority shareholder's channels,   Disney Channel and   Playhouse
Disney, both  in  terms of  sharing  resources and  enjoying  greater
synergies both on and off-air.

Consumer Products  in France  will continue  to be  managed by  Jetix
Consumer Products,  the  licensing  division of  Jetix  Europe.   The
day-to-day management of the Jetix TV channel and website in  France,
including adsales, marketing, programming and online, will be handled
by Disney Channels France.

Paul Taylor,  Chief  Executive Officer  of  Jetix Europe,  said:  "We
looked into various options for how we could most profitably run  our
channel in  France going  forward. We  believe that  licensing it  to
Disney will maintain its success as one of France's most-watched kids
TV channels, whilst also reducing  the operational cost and  ensuring
profitability for all  of our  shareholders.  It  will also  position
Jetix  France  much  closer  to  our  parent  company's  French  kids
channels, allowing both parties to  share resources and expertise  in
this competitive market."

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For further information please contact:

Lee Hobbs                                   Alexandra Lepee
Jetix Europe                                Jetix Europe
Tel. +44 (0)20 8222 5910                    Tel. +44 (0)20 8222 5915
Email:                                      Email:
[email protected]                         [email protected]

Peter Brimacombe
Jetix Europe
Tel: +44 (0) 20 8222 5959
E mail: [email protected]

Notes to Editors:

About Jetix Europe

  * Jetix Europe is a leading kids' entertainment company with
    localised television channels, programme distribution and
    consumer products businesses in Europe and the Middle East.
  * Jetix Europe's 14 Jetix television channels deliver a unique
    combination of action, adventure and humour for kids aged 6-14,
    in 58 countries and 19 languages, reaching over 52 million
    households. In addition the company has launched GXT a pay-TV
    channel in Italy targeting teenage boys.
  * Jetix Europe is part of the global Jetix kids' entertainment
    alliance launched by Jetix Europe and The Walt Disney Company
    (ABC Cable Networks Group and Jetix Latin America) in 2004.
  * Through the alliance Jetix reaches over 289 million[*] television
    households in 80 countries and 25 languages worldwide.

[*]through channels and branded blocks.

The press release can be downloaded from the following link: