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Autentic to take full control of Autentic Distribution

October 16, 2017 10.48 Europe/London By Jörn Krieger

German media company Autentic will take full control of international factual distribution company Autentic Distribution, formerly a joint-venture of Autentic and WDR mediagroup, the commercial arm of German public broadcaster WDR.

Effective January 1, 2018, Autentic Distribution, headquartered in Cologne, will become a 100% subsidiary of Autentic, owned by Patrick Hörl and Jan Mojto’s Beta Film group. Financial details of the transaction were not disclosed.

“As part of the realignment of WDR mediagroup, the investment portfolio is also being reviewed. In this connection, the decision has been made to sell the shares in Autentic Distribution as the common strategic objective of Autentic and WDR mediagroup has been achieved: The development of internationally successful sales for factual programmes. Therefore, the time has now come for WDR mediagroup to withdraw,” said Michael Loeb, managing director of WDR mediagroup.

“However, nothing changes when it comes to the good collaboration. WDR mediagroup will continue to distribute the high-quality WDR factual productions on an international basis exclusively by means of Autentic Distribution. This successful partnership will continue,” stressed Loeb.

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Related

Filed Under: Finance, Newsline, Production Tagged With: Autentic, Autentic Distribution, Beta Film, Jan Mojto, Patrick Hörl, WDR, WDR Mediagroup Edited: 16 October 2017 10:49

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About Jörn Krieger

Jörn reports on the latest developments in Germany, Austria and Switzerland. Since 1992, he has been working as a freelance journalist, specialised in digital media, broadcast technology, convergence and new markets. He also takes up University lectureships, writes articles in specialist publications, and produces radio reports. Jörn is also a moderator of panel discussions at industry events such as ANGA COM, Medientage München and IFA Berlin.

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