Tele München Group Buys into Load Studios

Tele München Group (TMG) has acquired a stake in Load Studios, and the two are planning to jointly create new revenue streams in the digital content segment.

Load Studios is a digital media company specialized in the creation and distribution of innovative short-form content for social and mobile platforms and brands. The company is based in Berlin and was founded in early 2017 by Dr. Georg Ramme, who previously worked as global managing director for Endemol Shine Group.

Ramme will continue to oversee all operational tasks, while Bernd Wendeln, TMG’s head of corporate development and M&A, will serve as chairman of Load Studio’s board.

Herbert L. Kloiber, the managing director of TMG, said: “The investment in Load Studios supports our strategic goal to integrate new revenue streams into our existing business model. We are looking forward to working with Load Studios and to taking advantage of all the new opportunities that arise from creating innovative content for the digital markets.”

Ramme added: “As a dynamic and fully integrated media company, TMG is a perfect match for us. The relationship will help us grow and expand into the international marketplace.”