European production and distribution studio Vuelta Group is taking over German content house Telepool and subsidiaries from Westbrook. Financial details have not been disclosed.
Al Munteanu, CEO of Vuelta subsidiary SquareOne and Vuelta Group Germany, will spearhead the combined entity under the SquareOne banner with Michael Heyd serving as CFO and COO. Following the combination with Telepool, SquareOne will feature a library consisting of over 1,200 titles.
“For over 60 years, Telepool has been one of the leading global content houses and we are proud of the work we did with the company” said Westbrook CEO Kosaku Yada. “We are grateful to Yoko Higuchi-Zitzmann for her leadership over the past two years. Her respect from the creative community has been instrumental in Telepool’s success.”
The expanded company will be active across distribution and production. “The combined entity enables SquareOne to offer German speaking audiences a strong and varied slate of theatrical releases going forward, across multiple genres – from ‘smarthouse’, comedies, and actioners to high-end family entertainment,” said Munteanu.