Together with renowned private investors CFP & Founders Investments has purchased a stake in Switzerland-based, listed Highlight Communications AG (“Highlight” or the “Company”).
In the medium-term CFP & Founders Investments sees strong upside potential in the share price of Highlight. This view is shared by renowned research analysts and marketeers. Next to solid cash flows and operational growth (including M&A opportunities in the current market phase), potential upside for the share price could result from the strategic relationship with Constantin Medien AG which already owns just below 50% of Highlight shares.
Constantin Medien (formerly EM.TV Sport Media) today comprises DSF (Deutsches Sport Fernsehen), Sport1.de and Plaza Medien (producing the German Bundesliga on IP-TV for Deutsche Telekom).
About Highlight
Highlight Communications AG is listed at the Prime Standard of Deutsche Börse AG in Communications Frankfurt. Highlight is positioned as a leading independent media company in the German speaking markets. The Company was founded in 1983 and today operates as a market leader in the three business segments of Sport and Event Marketing, Movies and Home Entertainment.
Highlight holds a majority share (80%) in TEAM, which is one of the most professional and successful sport marketing agencies worldwide. TEAM has marketed the rights to the UEFA Champions League since 1992. It has many years of experience and an excellent relationship with the UEFA and its commercial partners, especially to all the leading TV and media companies and sponsors around the globe. Thanks to its expertise, TEAM has been awarded the new contract for the marketing of the rights to UEFA until 2012. In Spring 2003, TEAM received a contract from the European Broadcasting Union for marketing the commercial rights to the “Eurovision Song Contest”.
Highlight further maintains a majority stock ownership (98%; squeeze-out has been initiated) in Constantin Film, the most successful independent movie producer and distributor in Germany. Founded by Bernd Eichinger, Constantin Film remains the only independent German company able to face the US majors on an equal footing. Constantin Film’s expertise covering many decades of know-how in both, movies production and marketing movie rights to theatres and TV is uniquely complementary to Highlight’s proven competence in the Home Entertainment business.