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Your Family Entertainment AG: Launch of family app RiC+ in the third quarter of 2021 in cooperation with BiDa Group

·4-min read

DGAP-News: Your Family Entertainment AG / Key word(s): Alliance
28.06.2021 / 08:00
The issuer is solely responsible for the content of this announcement.

Corporate News Your Family Entertainment AG (WKN A161N1; ISIN DE000A161N14)

Your Family Entertainment AG: Launch of family app RiC+ in the third quarter of 2021 in cooperation with BiDa Group

Vienna/Munich, 28 June 2021: YFE's new app RiC+, a continuation of the popular TV channel RiC TV, will be available in the Apple Store as well as the Google Play Store.

Dr. Stefan Piëch, CEO of Your Family Entertainment AG, and Eden Biniaurishvili, founder of SocialBiDa, met during the filming of the successful start-up show "2 Minuten 2 Millionen" aired by the Austrian private TV station PULS 4. During the show, Eden Biniaurishvili won a ticket for the coveted MIT Innovation Leadership Bootcamp from Stefan Piëch. After several selection processes, Eden's team finally achieved first place.

The development of the family app RiC+ presents an excellent opportunity to combine the two companies' know-how: While the agency SocialBiDa contributes its expertise in the field of app development and entrepreneurial spirit, Your Family Entertainment AG provides its content and many years of knowledge in the field of children's and family entertainment.

For almost 10 years, the family channel RiC TV has been delighting children and families in German-speaking countries. Around 33 million households receive RiC TV in the GAS region. Furthermore, it can be accessed via Cable & Satellite, IPTV, live streaming, YouTube, and mobile TV. Austria's largest private media company ProSiebenSat.1 PULS 4 markets the channels exclusively in Austria and is also looking forward to the expansion of the linear offering.

The entertaining, educational, and non-violent shows that already helped RiC TV achieve great popularity are at the core of RiC+ as well. Additionally, the application integrates exciting educational games and other edutainment content. This creates a unique environment guaranteed to be suitable for children and thus entirely in line with parents' wishes. To continuously improve the user experience, Your Family Entertainment AG will enter into various co-operations with platform partners in the future. The launch of RiC+ will take place in September 2021, with the app being available for download in the Apple Store and the Google Play Store.

Eden Biniaurishvili and Danell Daral of SocialBiDa: "We are excited to work with Dr. Stefan Piëch and Your Family Entertainment AG to develop a product that gives children and parents a safe environment to watch educational and non-violent content."

Stefan Piëch, CEO of Your Family Entertainment AG: "Smartphones and apps are now an integral part of everyday life for most families. Just as the channel RiC TV distributes engaging entertainment under the motto "Immer RiChtig Cool", RiC+ will now expand the offering to include gaming and VoD in a family-friendly way."


 

About SocialBiDa
SocialBiDa is a Vienna-based brand builder and digital media agency founded by Eden Biniaurishvili and Danell Daral in 2019. Their works include the WOTA app, a cab service app for women, and numerous other digital projects. The agency focuses on design and development of digital products, as well as their marketing.


About Your Family Entertainment AG
The German company Your Family Entertainment AG ("YFE") (WKN [German security code number]: A161N1, ISIN: DE000A161N14, ticker symbol: RTV) is one of the leading producers and distributors of high-quality programs for children and families. It owns and operates one of the largest independent libraries in Europe, including well-known series such as "Enid Blyton", "Fix & Foxi", and "Altair". YFE focuses on engaging, educational, and entertaining content, which is free of violence. Furthermore, YFE operates the award-winning pay-TV channel "Fix&Foxi TV" on four different continents, the free-to-air channel "RiC TV", its international pay-TV version "RiC.today" as well as several mobile TV streams and digital channels worldwide.


Contact at SocialBiDa
Renata Fourmanova
talkabout Kommunikationsberatung e.U.
Tel.: +43 664 4037930
E-Mail: renata@talkabout.agency

Contact at Your Family Entertainment AG
Laurence Robinet, Chief Broadcast Officer
Nordendstraße 64
80801 Munich, Germany
Tel.: +49 (0) 89 99 72 71-0
E-Mail: laurence.robinet@yfe.tv

www.yfe.tv
www.rictv.de
www.fixundfoxi.tv


28.06.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Your Family Entertainment AG

Nordendstr. 64

80801 München

Germany

Phone:

+49 (0)89 997 271-0

Fax:

+49 (0)89 997 271-91

E-mail:

ir@yfe.tv

Internet:

www.yfe.tv

ISIN:

DE000A161N14

WKN:

A161N1

Listed:

Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart

EQS News ID:

1212398


 

End of News

DGAP News Service

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