(Alliance News) - Mondo TV Spa on Thursday announced the conclusion of three important agreements that confirm the positive phase in the distribution of its library.

The company signed an agreement in Italy with Cinque Terre to market several classic non-animated titles from Mondo TV properties.

An agreement was also formalized with the Seychelles national channel for the distribution of several animation titles.

Finally, the company concluded a contract with the Turkish company Fauna for cooperation in Macedonia.

The aforementioned contracts will bring into Mondo TV's coffers a flat fee for the temporary transfer of the relevant licensing rights, the company explained in a note.

Mondo TV rises 0.4 percent to EUR0.23 per share.

By Claudia Cavaliere, Alliance News reporter

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