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Telepool takes Global Screen control

German sales house Telepool is set to increase its share in fellow distributors EuroVideo Medien and Global Screen after agreeing a deal with production outfit Bavaria Film.

Thomas Weymar

Telepool will acquire Bavaria’s 50% stakes in EuroVideo Medien and Global Screen to become the sole shareholder in both companies.

The deal, which remains subject to regulator approval, comes after Bavaria Studios acquired a 50% share in Bavariapool Services, previously held by Telepool, last summer.

The acquisitions mean all existing joint ventures between Telepool and Bavaria are now terminated.

Thomas Weymar, CEO of Telepool, said: “The complete takeover of EuroVideo Medien and Global Screen underlines our strategic commitment to the handling of film and television content in all stages of distribution.

“With the full acquisition of the two subsidiary companies, Telepool is now controlling the complete chain of distribution.”

Christian Franckenstein, CEO of Bavaria Film, added: “Through the withdrawal from EuroVideo Medien and after selling Eurotape Media Services in the summer of 2016, after many successful years Bavaria Film is finally terminating its activities in the field of DVD/Blu-ray distribution and services.

“Regarding the global sales unit, we have reached an amicable agreement with Telepool, enabling us to handle the worldwide distribution of TV and theatrical programming via Bavaria Media – in addition to the existing activities in Germany, Austria and Switzerland.”

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