Off the Fence Enters Bankruptcy Proceedings

Off the Fence has entered bankruptcy proceedings, with parent company ZDF Studios noting that despite “intensive support… it has not yet been possible to put the company back on a financially and structurally sound footing.

On June 6, the Netherlands-based factual producer and distributor filed for a suspension of payments, with an administrator subsequently converting that motion into a bankruptcy proceeding.

“The trustee will now manage the further development of the situation, which will determine the company’s next steps regarding production and the exploitation of the existing programming rights,” ZDF Studios said.

ZDF Studios has been Off the Fence’s sole owner since January 2019. “Due to the effects of the long-standing global industry weakness, Off the Fence has increasingly found itself in financial difficulty,” a statement from ZDF Studios said. “Despite intensive support from the shareholder and external experts, as well as financial support from ZDF Studios and the principal banker, it has not yet been possible to put the company back on a financially and structurally sound footing.”