Your Family Entertainment AG

CLIQ Digital launches kids' content in the GAS region - Seite 2

According to a Goldmedia analysis, the demand for digital entertainment products in Germany is high. Revenues of paid video-on-demand providers in Germany rose by +28% year-on-year to €3.0bn in 2020. In 2021, growth is expected to remain high at +25% year-on-year and amount to €3.8bn. The lion's share of this, namely 83%, is accounted for by SVoD services (subscription video-on-demand). Quality content for children is increasingly important, especially as co-viewing sessions between parents and children are likely to increase. In a recent study by nScreenMedia, two-thirds of parents said they expect time spent with their kids watching TV/ movies to remain the same or increase once the pandemic is over.

Statement from Ben Bos, member of the Management Board at Cliq Digital:
"I am very pleased to see our content strategy progressing as planned and our catalogue growing further to cater for more family viewing. This license agreement is just the start of a new expansion into family entertainment with a greater focus on children's content. Family watch-time and co-viewing are both still very popular and very much alive. With this and further catalogue enhancements, our All-in-One store in the GAS region will gain more traction and grow its member numbers even faster."

Statement from Armin Schnell, Executive Vice President Sales at Your Family Entertainment AG:
"We are very pleased that our high-quality kids content is now available to CLIQ Digital's customers. It is our mission to provide families around the world with guaranteed kids-safe content. This cooperation is a great opportunity for us to expand our reach in German-speaking Europe and we are looking forward to a successful partnership."



About CLIQ Digital
CLIQ Digital (www.cliqdigital.com) is a leading digital lifestyle company, which provides streaming entertainment services to consumers worldwide with unlimited access to music, audiobooks, games, sports and movie content. The company has a long-standing and successful history in expert digital marketing and offering niche products for the mass market at competitive prices. CLIQ Digital operates in over 30 countries and employs staff of 100 from 29 different nationalities as of 31 December 2020. The company is a valuable strategic business partner for networks, content producers as well as for publishers and payment service providers. CLIQ Digital is headquartered in Düsseldorf and has offices in Amsterdam, London, Paris, Barcelona and Tequesta, Florida. The company is listed in the Scale segment of the Frankfurt Stock Exchange (ISIN DE000A0HHJR3) and is a constituent of the MSCI World Micro Cap Index.