German film powerhouse Kinowelt Medien plunged into cyberbiz Friday with the acquisition of a 36% stake in Teutonic online entertainment and financial information service e.multi Digitale Dienste.
Believing its chances of buying in are bleak, DB Investor, a unit of Deutsche Bank, has given up on its bid to purchase stakes in Deutsche Telekom's $15 billion regional cable television networks…
Teutonic video giant VCL Film + Medien surpassed its own growth forecast in the first quarter with a 13% rise in revenues to DM17 million ($8.3 million) and a tripling of its earnings before…
Bertelsmann chief Thomas Middelhoff wants to take his new television giant on an expansion drive to seven more countries.
The battle for the name "Marlene" is likely to continue, despite a court decision barring Teutonic merchandising house Trebitsch Produktion Intl. from using the moniker of late screen icon Marlene…
German entrepreneur Herbert Kloiber is reportedly ready to sell his stake in Teutonic channel TM3 to fellow shareholder Rupert Murdoch, giving the tycoon full control.
German set-top box manufacturer Met@box announced Tuesday it had received an order worth 500 million marks ($245 million), leading it to double its 2000 revenues forecast and sending its shares…
Talks between U.S. company Callahan Associates and German telecommunications giant Deutsche Telekom for the latter's regional cable franchise in the state of Baden-Wurttemberg should be wrapped up by…
Bertelsmann boss Thomas Middelhoff has no plans to float other core business activities after listing on the stock exchange the TV powerhouse born from last week's deal between its CLT/Ufa subsidiary…