(Alliance News) - Mondo TV Spa announced Wednesday that it has reached an agreement with Yamato Video for the distribution in Italy of some materials from its library.

"The agreement guarantees Mondo TV the payment of a flat fee and above all the continuity of the collaboration as a further business prospect," the company specified in a note.

Mondo TV's stock gives up 0.9 percent to EUR0.23 per share.

By Chiara Bruschi, Alliance News reporter

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