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Article: Private Media Group Inc. Enters Distribution Agreement With the Largest European Press Distributor - Axel Springer Verlag AG.
- Article from:
- PR Newswire
- Article date:
- February 19, 1999
CopyrightCOPYRIGHT 1999 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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STOCKHOLM, Sweden and BARCELONA, Spain, Feb. 19 /PRNewswire/ -- Private Media Group Inc. (Nasdaq: PRVT), a global media company specializing in adult entertainment products and just recently listed on the Nasdaq National Market under the symbol (PRVT) has entered into a distribution agreement with Axel Springer Verlag AG, the largest distributor of newspapers and magazines in Europe and one of the largest distributors of these items worldwide. Axel Springer was founded in 1946 and is headquartered jointly in Berlin and Hamburg, Germany. Axel Springer had revenues exceeding 3 Billion US in 1998.
This agreement is expected to immediately double magazine sales for ...