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Name | Symbol | Market | Type |
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Ls -1x Mu | LSE:MUS | London | Exchange Traded Fund |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 7.7025 | 0 | 01:00:00 |
RNS Number:9796C Music Choice Europe PLC 28 October 2002 Music Choice Europe plc Music Choice announces major European distribution deal renewals 28 October 2002 Music Choice Europe plc today announced the renewal of major distribution deals with some of Europe's leading multichannel operators. The new contracts give Music Choice long-term agreements with Canal Digital (Scandinavia), TPS (France), Premiere (Germany) and Essent Kabelcom (Netherlands), securing the company's position as Europe's leading digital audio broadcaster. Canal Digital have signed a three year deal for twenty Music Choice channels, with an option for two further years. As part of the renewed agreement, Music Choice plans to launch its interactive TV application on the platform next year, after successfully rolling out the service on Sky digital in the UK and Canal Satelite Digital in Spain. Music Choice originally joined the platform in 1998. TPS has also signed a three year deal with Music Choice, for ten Music Choice channels to be packaged alongside offerings currently including VH1, Motors TV and the Sailing Channel in the TPS Evasion package. Music Choice has been broadcasting on TPS since 1998, and the new agreement replaces an existing deal that would have expired in April 2003. A revised contract with Premiere secures Music Choice's distribution with the majority of the German platform's 2.2 million subscribers until September 2004. As well as making the Music Choice channels available in the Premiere Plus package, the service is now available as a stand-alone proposition in Germany for the first time since Music Choice launched there in 1997. Music fans can now pay Euro1 per month to receive 21 Music Choice channels. Music Choice has also signed a distribution deal with Dutch cable operator Essent Kabelcom. The two year agreement running to October 2004 makes the service available to all digital subscribers in Essent Kabelcom's basic package. Music Choice has been broadcasting on Essent since 1999. Simon Bazalgette, Music Choice Europe plc's chief executive said, ""At a time when digital TV platforms are increasingly requiring value-for-money from their programme suppliers, the renewals of these contracts on reasonable terms shows that Music Choice provides an important, differentiating and compelling service." ### About Music Choice Europe Music Choice is Europe's leading digital audio music broadcaster, available in more than 13 million homes in 18 countries across Europe and the Middle East. Music Choice provides consumers with non-stop digital-quality music channels, completely uninterrupted by DJ chat, adverts, VJs or presenters, 24 hours a day, seven days a week. With no interruptions for advertising, Music Choice's channels play about 25% more music than the average commercial radio station or music television channel. Founded in 1993, Music Choice is a public company listed on the London Stock Exchange (LSE: MUS), with key shareholders including BSkyB, Warner Music and Sony Corporation. To find out more about Music Choice visit: http://www.musicchoice.co.uk. For more details, please contact: Weber Shandwick Square Mile Louise Robson Tel: 020 7950 2881 Email: lrobson@webershandwick.com Stephanie Smart Tel: 020 7950 2885 Email: ssmart@webershandwick.com Music Choice Dylan Jones Tel: 020 7014 8789 Email: djones@musicchoice.co.uk This information is provided by RNS The company news service from the London Stock Exchange END CNTMABATMMTTBMT
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