KKR


Private equity firm KKR buys into Germany’s ProSiebenSat.1

Private equity outfit KKR has revealed that it has acquired a 5.2% stake in German commercial broadcaster ProSiebenSat.1, causing the media giant’s shares to rise on the Frankfurt stock exchange. KKR told Reuters that it had decided to invest in the broadcaster because it believes that the market is undervaluing the company. It said that […]

TBI Weekly: How a US private equity firm is betting on Germany

US-based private equity house KKR has had a busy year in Germany. The New York outfit started 2019 without a foothold in the country but, barely 11 months later, has just tied up a deal for two of Germany’s best known producers. But far from being a one-off piece of M&A activity, the acquisition reflects […]

Germany’s Leonine acquires Wiedemann & Berg TV from Endemol Shine

German studio Leonine has struck a deal to acquire Wiedemann & Berg TV (W&B TV), the Endemol Shine Group-owned company behind Netflix drama hit Dark. The prodco, founded by Quirin Berg and Max Wiedemann in 2009 in partnership with Endemol, will become part of the Leonine Production division, which already houses Wiedemann & Berg Film. […]

KKR’s Tele Munchen Group unveils licensing team

The fast-growing German media group backed by US investor KKR, which includes Tele München Group (TMG) and Universum Film, has revealed the senior management team of its licensing division. The yet-to-be named corporation, which is made up of production outfits including TMG, Universum Film, Universum, i&u TV and Wiedemann & Berg Film, will have a […]

Universum chief to head distribution for KKR’s Tele München group

Universum Film’s managing director and former RTL exec Bernhard zu Castell is to head up the distribution arm of the recently-formed and fast-growing German production group backed by US investor KKR, which includes Tele München Group. Castell becomes chief distribution officer at the yet-to-be named corporation, which is made up of production outfits including Tele […]

KKR investment firm acquires Tele München Gruppe

New York-headquartered investment firm KKR has acquired German producer-distributor Tele München Gruppe (TMG). The business is to create an independent platform that will host premium content out of Germany, along with other licensed programmes. The largest indie media company in Germany, TMG has a vast catalogue of international feature films and series, along with a […]

KKR-backed Emerald buys Cosmos-Maya

A media firm with backing from private equity investor KKR has acquired a majority stake in prolific Indian animation producer Cosmos-Maya. Emerald Media is behind the deal, financial terms of which were not disclosed. Emerald was launched as a pan-Asian media, entertainment and consumer tech investor, and counts experienced TV industry execs Rajesh Kamat (pictured) […]

CME sells Nova TV & Pop TV for €230m

CME has agreed to sell its top broadcast operations in Croatia and Slovenia for €230 million (US$262 million), in what it described as a “transformational moment” for the company. Central European Media Enterprises made a deal to sell commercial networks Nova TV in Croatia and Pop TV in Slovenia to United Group subsidiary Slovenia Broadband. The […]

Chernin and KKR back Asian OTT service

Emerald Media, a pan-Asian media investment vehicle backed by private-equity outfit KKR and Peter Chernin, is taking a minority stake in South Asian content-focused OTT TV service YuppTV for US$50 million. YuppTV, based in Atlanta in the US, provides live TV, catch-up TV and movies on-demand in 14 languages across the globe with a mix […]

eOne takes full control of digital studio

Entertainment One has acquired the 50% of digital production studio Secret Location it didn’t already own. eOne first bought into its compatriot Canadian firm in May 2014, and now owns 100% of its shares. Financial terms of the deal were not disclosed. This comes as UK broadcaster ITV and private equity firm KKR circle eOne, […]