“Differences of opinion” have prompted Axel Springer Verlag and the Scriba and Deyhle group to dissolve their partnership by “mutual agreement,” per a joint press release.
Springer, Europe’s biggest newspaper publisher, sold its 60% stake in Capitol Film and TV Intl. GmbH and Co. KG back to multimedia company, Scriba and Deyhle OHG, for an undisclosed sum.
Capitol recently joined Arnon Milchan’s Paris-based Regency Intl. Pictures and French pay-tv net Canal Plus in a $900 million international co-financing deal with Warner Bros.
Bodo Scriba, former CEO at Taurus Film, formed his own company in 1985. In 1988, he joined forces with real estate tycoon Rolf Deyhle and the Springer group to form Capitol Film, with a basic capital of $5.5 million.
Capitol acquires feature films for tv in German-lingo territories and participates financially in film projects. It currently has a library of 1,300 features and more than 600 hours of programming.
Neither Springer spokesman Heiner Bremer nor Scriba could be reached for comment.