CH Media's film subsidiary cooperates with Ascot Elite Entertainment
Impuls Pictures, the film industry subsidiary of CH Media, has entered into a cooperation with Ascot Elite Entertainment. As part of the joint venture, Ascot Elite will take over the marketing and distribution of Impuls Pictures' films.
As a result, Ascot Elite now has a share of over a quarter of the Swiss movie market, CH Media announced on Wednesday. The cooperation gives CH Media access to film licenses.
CH Media also intends to use these film rights for its TV channels such as 3+ and TV24 as well as for the planned streaming platform "Oneplus". In return, Ascot will benefit from access to CH Media's brands and advertising services, the statement continued. (SDA)
