Ebeling, Behring finish DVD distrib buyout
BERLIN — Sven Ebeling and Hagen Behring, co-CEOs of Media Cooperation One (MCOne), took over the majority share in the Teutonic home entertainment distributor in a management buyout from former owner DBI, the equity division of Germany’s Deutsche Bank.MCOne, which Ebeling and Behring founded in 2000, has actively co-financed and co-produced recent projects like last year’s Oscar-winning foreign-language film “Nowhere in Africa” as well as Constantin Film and Summit Entertainment’s “Wrong Turn.” Stuttgart-based company recently completed production on its first full-length animated feature, “Nutcracker and Mouseking,” which it fully financed and co-produced with L.A.-based production company Sandstorm Films. Sandstorm is handling worldwide sales of the movie at AFM. Leslie Nielsen, Fred Willard, Robert Hays and Eric Idle are lending their voices to the pic, an adaptation of the classic Christmas story of the same name written by E.T.A. Hoffman in 1816 and later made famous by Peter Tchaikovsky’s ballet. Animation for the movie was produced in Russia, Croatia, Germany and London, with post-production handled in Los Angeles. Producers are hoping to get the pic into worldwide release in time for the holidays this year. MCOne has several co-productions planned with Sandstorm Films over the next 18 months. Distrib will retain rights in German-speaking territories on the movies it co-produces and have an equity stake in each pic.