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Constantin nets controlling stake in Germany’s Olga Film

Company snags top helmers

BERLIN — Constantin, one of Germany’s leading film production companies, has just taken a controlling 51% stake in Olga Film. The move will help solidify Constantin’s position at the top of the German film industry as it prepares to go public this fall.

Olga Film, established in 1976, enjoyed its biggest success with Doris Dorrie’s comedy “Men” in 1985. Pic is still the fifth most successful German film of the last 20 years. Other Olga productions include “Kleine Haie” and “Bandits.”

Filmmaker alliance

The Munich-based Constantin says it is hoping to work closely with some of the filmmakers associated with Olga, which have included Katja von Garnier, Soenke Wortmann and Dorrie.

Meanwhile, EM.TV & Merchandising, a German TV production company, has just taken a 25% stake in Constantin Film. Company founder and CEO Bernd Eichinger still maintains a 38.5% interest while the Kirch Group holds a 36.5% stake.

EM.TV says the new partnership will mean an increase in family programming from Constantin. Germany’s antitrust authorities are expected to approve EM.TV’s investment in the company.

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