TEAM International Distribution Racks Up Record Sales of MTV's ``Live Through This'' During NATPE Convention in Las Vegas.Business Editors LOS ANGELES--(BUSINESS WIRE)--Feb. 8, 2001 MTV's First Dramatic Series Proves a Smash Hit in the Global Marketplace with Sales in Over 45 Countries, Easily Covering TEAM's Initial Financial Commitment TEAM International, the worldwide sales of arm of TEAM Communications Group, Inc. (Nasdaq:TMTV) (Neuer Markt:TME See Tivoli Systems Management Software. ) continues to sign significant licensing agreements for MTV's Live Through This. The one-hour dramatic series, a first for MTV MTV in full Music Television U.S. cable television network, established in 1980 to present videos of musicians and singers performing new rock music. MTV won a wide following among rock-music fans worldwide and greatly affected the popular-music business. , has been licensed to FlexTech in the U.K., AB SAT for all French speaking territories (excluding Quebec), DARO DARO Defense Airborne Reconnaissance Office DARO Days After Receipt of Order DARO Defense ADPE Reutilization Office for Eastern Europe, Turkey, Portugal, Greece, Africa and CIS/Baltics, Holland Media (Filmlux)/Holland and Luxembourg, TV4 Sweden, and TV2 Denmark. Additional sales include S.P.I. International for Israel and Showtime in the Middle East. Drew S. Levin, TEAM Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. made the announcement today. "The phenomenal performance of Live Through This in the global marketplace demonstrates how valuable this type of teen-targeted programming is to Europe and the rest of the world," said TEAM CEO and Chairman Drew Levin. "The fact that we have within a very short timeframe made sales in over 45 countries and so easily covered our production costs is indicative of the emphatic response we have received from the international television community on this outstanding dramatic series, " added Levin. "MTV has proven to be a great partner and we look forward to continuing, successful collaboration with the world's premier youth network," concluded Levin. "Live Through This delivers that coveted cov·et v. cov·et·ed, cov·et·ing, cov·ets v.tr. 1. To feel blameworthy desire for (that which is another's). See Synonyms at envy. 2. To wish for longingly. See Synonyms at desire. teen and young adult demographic to international broadcasters and advertisers by demonstrating a thorough understanding of the target's key psychographics psy·cho·graph·ics n. 1. (used with a sing. verb) The use of demographics to study and measure attitudes, values, lifestyles, and opinions, as for marketing purposes. 2. (used with a pl. ," offered Paula Fierman, Co-President of TEAM International. "We are confident that the enormous success of this series is indicative of the evolving international market and TEAM stands poised to deliver this type of quality demographic-specific programming in the new millennium," concluded Fierman. Live Through This explores what happens when a family reunion is combined with a rock band reunion. Boasting a cast of talented newcomers and original music written by Graham Nash and performed by Pat Benatar, MTV's initial 13 one-hour episodes have received outstanding reviews from the media straight across the board. Live Through This is produced by Telescene Film Group in association with YTV YTV Pääkaupunkiseudun Yhteistyövaltuuskunta (Finnish: Helsinki Metropolitan Area Council) YTV Yorkshire Television YTV Youth Television Canada and TEAM Entertainment. About TEAM Communications Group, Inc. TEAM Communications Group, Inc. currently owns and distributes over 4,000 hours of programming worldwide, in addition to producing a wide variety of programming for leading U.S. and international broadcasters. TEAM maintains offices in Los Angeles, Munich (through its TEAM Entertainment Germany, GmbH) and London (through its TEAM Dandelion dandelion [Eng. form of Fr.,=lion's tooth], any plant of the genus Taraxacum of the family Asteraceae (aster family), perennial herbs of wide distribution in temperate regions. ). It shares trade on NASDAQ-NMS (TMTV) and on the German Neuer Markt (TME). The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for forward-looking statements. Certain information included in this news release (as well as information included in oral statements or other written statements made or to be made by TEAM Communications Group, Inc.) contains statements that are forward looking such as statements relating to consummation of the transaction, anticipated future revenues of the companies and success of current product offerings. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ materially from those expressed in any forward-looking statements made by or on behalf of TEAM Communications Group, Inc. For a description of additional risks and uncertainties, please refer to TEAM Communications Group, Inc. filings with the Securities. |
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