Re Agreement
DORI MEDIA GROUP
FOR IMMEDIATE RELEASE 29 July 2010
HOT AND DORI MEDIA GROUP EXTEND AGREEMENT TO RUN ‘HOT’ MOVIE CHANNELS
UNTIL 2014
Extended partnership secures revenue between US$45 million and US$48
million over 3 years
Tel-Aviv, Israel – 29 July 2010 – Dori Media Group ("DMG"), the
international media company active in the field of television, with a
focus on production, distribution, broadcasting and merchandising of
Telenovela, today announces that its subsidiary, Dori Media Spike has
signed a three-year extension agreement with leading Israeli cable
network ‘HOT’ to operate the HOT premium movie channels for another 3
years from 1 January 2011 until 2014. The terms of the deal remain
materially unchanged from the original agreement signed in 2007. The
deal will generate revenues of between US$45 million and US$48 million
over 3 years for DMG.
For further information on Dori Media Group, please visit our website on www.dorimedia.com
or contact:
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Dori Media Group Ltd.
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Shared Value Limited
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Nadav Palti, CEO & President
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Nicolas Duperrier
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Tel: +972 3 7684000
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Investor & Media relations
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[email protected]
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Tel. +44 (0) 20 7321 5010
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[email protected]
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Daniel Stewart & Company
Paul Shackleton/Tessa Smith
Tel. +44 (0) 20 7776 6550
Dori Media Group is an international media group that produces,
distributes and broadcasts telenovelas. The group owns approximately
5,000 television hours that it sells to a wide variety of audiences in
more than 70 countries. In Israel, Dori Media is the owner of Dori Media
Paran and Dori Media Darset, which produce daily series and telenovelas
for the Israeli market. It also owns and operates two telenovela
channels, Viva and Viva Platinum. In the Israeli market, Dori Media also
packages, produces and operates all of the movie channels on HOT cable
television and the series channel on HOT. In Indonesia, the company
operates the Televiva Vision 2 channel that is devoted to telenovelas
and Baby TV Vision 3 for toddlers. The Dori Media Group in controlled by
Mapal Communications Ltd. one of the largest media companies in the
Israel. The group is traded on the London Stock Exchange where its
symbol is DMG. For more information on Dori Media, visit our corporate
website at http://www.dorimedia.com/.
