Your Family Entertainment AG: Your Family Entertainment AG appoints Bernd Wendeln as the new Management Board Member

DGAP-Media / 18.06.2020 / 09:00

Press release

Munich, June 18, 2020

Your Family Entertainment AG appoints Bernd Wendeln as the new Management Board Member

Your Family Entertainment AG ("YFE") announced today that Chief Operating Officer ("COO") Bernd Wendeln was appointed to the management board of the listed company on June 1, 2020.

Bernd Wendeln will complement Dr. Stefan Piëch in his activities and assume responsibility for the operational business of the company. The focus of his tasks will be the national and international expansion of (linear and non-linear) broadcasting activities and license trading. Bernd Wendeln will also promote the 'revival' of YFE's IP rights to popular comic characters (e.g. Fix & Foxi, Albert, Moorhuhn, Ric) in order to tap their potential for the broadcasting and license market.

Mr. Wendeln has been COO of Your Family Entertainment since December 1, 2019 and can look back on many years of management experience in the media business through his positions at the Tele Muenchen Group and ProSiebenSat.1 Group. At Tele Muenchen Gruppe (now part of Leonine), he developed and led the first VOD channel "Filmtastic" and the expansion into new business areas. At ProSiebenSat.1 Group, Bernd Wendeln was involved in strategic and M&A projects in all segments of the group. Before that, Mr. Wendeln worked in the private equity sector and he also holds an MBA from INSEAD Business School.

"After I was able to familiarize myself intensively for 6 months and as we have also coped well with the Corona crisis, I am pleased to be appointed to the Management Board. I strongly believe in the potential of the company, as we not only own a large library of great titles for children, but also many well-known IP rights, which are very valuable in times of streaming platforms and digital growth," explains Bernd Wendeln, the new board member of Your Family Entertainment AG.

"With Bernd Wendeln, YFE can count on a new board member with proven experience in all areas of the media business that are relevant to us, with an emphasis on digital and IP. As family fathers, we also share the values ​​of our educational and non-violent family content," emphasizes Dr. Stefan Piëch, CEO and board member of YFE.

"We are very happy to have entrusted Mr. Wendeln this demanding task. The last few months have shown that Mr. Wendeln is a COO who will keep a firm hand even in difficult times and who always looks ahead. The supervisory board looks forward to working together in the future," says Sebastian von Wallwitz, chairman of the supervisory board of Your Family Entertainment AG.

About Your Family Entertainment AG
Your Family Entertainment AG ("YFE") (WKN [German security code number]: A161N1, ISIN: DE000A161N14, Abbreviation: RTV) with headquarters in Munich/Germany is a producer and distributor of high-quality children and family programs with one of the largest broadcaster-independent libraries in Europe. Its stock includes well-known series such as "Enid Blyton", "Fix & Foxi" and "Altair". YFE additionally operates the award-winning Pay-TV kids channel "Fix&Foxi" which is available in the GAS-Region (German) and in Africa and Middle East (Arabic and English). The Company also established free-to-air kids channel "RiC" with a current coverage of 34 Mio. households in the GAS region. In addition, YFE operates several mobile TV streams and digital channels worldwide

Contact at Your Family Entertainment AG

Laurence Robinet
Your Family Entertainment AG
Nordendstr. 64
80801 München
Tel.: +49 (0) 89 99 72 71-0


End of Media Release

Issuer: Your Family Entertainment AG
Key word(s): Enterprise

18.06.2020 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
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