New Shareholder for TV-Loonland

MUNICH/LONDON, May 23:
Your Family Entertainment has acquired a 3-percent stake in TV-Loonland’s
issued share capital.

The new shareholder is
Your Family Entertainment/Dr. Stefan Piech/Film & Medien Beteiligungs.

A statement from Your
Family Entertainment noted: “We are of the opinion, that after its
restructuring TV-Loonland is an interesting investment. Content in the children
and youth segment like the programs of TV-Loonland are in Germany at the moment
undervalued.”

Simon Flamank, the CEO of
TV-Loonland, added: “We welcome the fact that a competitor has chosen to make
this financial investment. The managements of the two companies are on speaking
terms with one another and we will be meeting in the coming weeks.”

—By Irene Lew