MONDO TV GROUP: Mondo TV Suisse signed with Vooz the contract for the co-production of a new cartoon based on the Korean property GooDoil Family

MONDO TV GROUP: Mondo TV Suisse signed with Vooz the contract for the co-production of

a new cartoon based on the Korean property GooDoil Family

The agreement provides for participation in production by Vooz both in kind and with a

financial contribution of USD 2.85 million

The contract provides for a territorial division between the parties for the distribution of the

series and the related licensing and merchandising rights, and a share of the subsequent

revenues deriving from the same distribution

Matteo Corradi, CEO of the parent company Mondo TV S.p.A., said: "We are happy to

confirm our commitment to this new project with Vooz, a first-rate Korean company already

famous for having produced the successful series based on the Pukka property, for a new

series with a strong comedy mood and that will enrich our portfolio"

21 October 2019 -Mondo TV announced that after the preliminary agreement announced in a

press release dated 10 July 2019, Mondo TV Suisse, producer and distributor of cartoons, and

Vooz, a leading Korean content and marketing company in particular famous as the owner of

the successful Pukka series, have signed the co-production contract for a new animated

comedy series based on the property called "GooDoil Family".

The series will consist of 78 episodes of 7 minutes each and will be produced in 3D CGI with a

production budget set at USD 6.5 million.

The co-production involves a division of executive tasks between the parties: in particular,

Mondo TV Suisse will deal with the realization of animation, part of pre-production and postproduction.

Vooz will majorly participate in the budget both in kind, conferring the intellectual property

and supplying the other production activities, and financially by paying to Mondo TV Suisse an

amount equal to USD 2.85 million.

The parties have also provided in the co-production contract both a division between Mondo

and Vooz of the territories for the distribution of the series, the discipline of which is contained

in a separate distribution contract, and a distribution of revenues subsequent to distribution.

Therefore, net of the respective distributor fees (equal to a minor percentage of the sales and

license revenues of the series to third parties), the parties will be both entitled to a percentage

of the revenues themselves, which varies according to the territory. Mondo TV Suisse will in

fact be entitled to a significant majority share in Italy, Vooz to a significant majority share in

Korea, while in the rest of the world, Mondo will have a 40% share of all revenues.

Matteo Corradi, CEO of the parent company Mondo TV S.p.A., said: "We are happy to confirm

our commitment to this new project with Vooz, a first-rate Korean company already famous

for having produced the successful series based on the Pukka property, for a new series with a

strong comedy mood and that will enrich our portfolio".

Mondo TV, listed in the Star segment of Borsa Italiana, is the holding company of a Group made up of

four more companies; the Group is a leader in Italy and among the primary European operators in the

production and distribution of television series and cartoon films for TV and the cinema, and is active in

the related sectors (audiovisual and musical distribution, licensing, media, publishing and

merchandising).

For further information on Mondo TV, visitwww.mondotv.it.

ISIN code: IT0001447785 - Acronym: MTV - Negotiated on MTA - Reuters: MTV.MI - Bloomberg: MTV.IM

Contact: Mondo TV

Piergiacomo Pollonio

Investor Relator

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