Schlötterer to Exit TMG, RTL’s Schweitzer to Succeed

MUNICH: After 17 years with Tele München Group (TMG), Bernd Schlötterer is leaving the company at the end of the year, with Dirk Schweitzer of RTL Television to succeed as managing director.

Schlötterer was a member of the top management, responsible for the core TMG activities such as program licensing as well as for the subsidiaries CTM (merchandising), Concorde Home Entertainment (video) as well as ODD (VoD distribution). Schlötterer will remain a shareholder of TMG.

Schweitzer has been serving as the executive VP of program acquisitions and sales at RTL Television. At TMG, his responsibilities
will encompass the core business of program acquisitions and distribution, both domestic and international, as well as the activities of home video, merchandising and video on demand. He takes on the new role in Munich in the second quarter of 2011.

Dr. Herbert Kloiber, the chairman and majority shareholder of TMG, said: "When Bernd Schlötterer started working for TMG at the age of 23, it was clear from the beginning that he had all the talents and skills for the media business. After 17 years of constant growth in all the traditional as well as new media business activities, Bernd has always shown that he is one of the best. I wish him every success for his future.  I am delighted that with Dirk Schweitzer I have found an extremely seasoned and capable executive for this challenging position."

Schlötterer commented: "The past years have been a fantastic and equally exciting period. My thanks go to Dr. Kloiber and his entire team. Without them, the success story of TMG would not have been possible. Without any doubt I will always remain very fond of Tele München."

Schweitzer remarked: "After 10 exciting and successful years with the largest German broadcaster, I very much look forward to the new challenges of the program licensing business from a different perspective and to become a member of the management, which will allow me to contribute to the strategic success of the entire company in the future."