ZDF Enterprises Acquires Stake in Bavaria Fernsehproduktion

MAINZ, July 9: ZDF Enterprises has secured a 50-percent
stake in German production outfit Bavaria Fernsehproduktion from Bavaria Film.

Terms of the deal were not announced, with ZDF noting only
that it shelled out “several million euros” for a stake in the company, formed
during a reorganization at Bavaria Film in February this year. It handles the
bulk of Bavaria’s television production work out of Munich. Alongside the ARD
series Marienhof and Storm of
Love, the company has also produced ZDF
programs such as The Rosenheim Cops
and Inga Lindström.

Alexander Coridass, the president and CEO of ZDF
Enterprises, commented: "We are very pleased to announce this strategic
partnership with one of Germany's most renowned production companies. This is a
logical further step in the diversification of ZDF Enterprises' portfolio of
partnerships and an extension of the production expertise we are able to offer
our partners.”