German producer and distributor Beta Film has acquired a stake in X Filme, Tom Tykwer’s TV and film indie.
The Berlin-based prodco announced a reorganisation yesterday, with Beta coming in for an unspecified stake as part of that process.
Beta and X Filme have worked together on Babylon Berlin, the German–language period series for Sky and ARD. Beta is distributing the show and yesterday announced a raft of presales.
The restructuring at X Filme sees a new holding group created to house the development, production, distribution and sales operations. Andreas Brey joins the group from DZ Bank and will head the holding company alongside cofounders Stefan Arndt and Uwe Schott.
Jan Mojto, CEO of Beta Film: “For us, this partnership is another step in working together with the interesting German producers to create content for the international market out of Germany.”
Beta has been active in M&A in recent months, also buying into Amsterdam-based formats distributor Lineup Industries.
Uwe Schott and Andreas Brey issued a joint statement and said: “We are very happy that, together with Beta, we will be able to further position and establish German filmmaking with national and international productions on the national and international market as a force in the industry to be reckoned with.”
Jan Mojto, CEO of Beta Film: “For us, this partnership is another step in working together with the interesting