(Alliance News) - Mondo TV Spa announced Thursday that it has signed an agreement with Stemal Entertainment Srl, Donatella Palermo's production company operating in the film production sector.

The agreement calls for the licensing of clips extracted from Antonioni's famous film L'Eclisse to be integrated into award-winning director Roberta Torre's film, "Mi fanno male i capelli," dedicated to the figure of Monica Vitti.

The agreement calls for the payment of a "flat fee" for worldwide and perpetual exploitation of the excerpts included within Torre's work, effective Jan. 31, 2023.

Mondo TV on Thursday trades in the red by 2.0 percent at EUR0.53 per share.

By Chiara Bruschi, Alliance News reporter

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