In another sign that business is not what it used to be in the hub of German TV production, North Rhine-Westphalia's state-backed media company NRW Medien is poised to shutter.
German film group Internationalmedia issued a profit warning Wednesday saying its revenue and profit for 2003 may fall short of its forecast if it's forced to postpone the release of upcoming films.
Wolfgang Becker's "Good Bye, Lenin!" has been selected as Germany's candidate for consideration in the Academy Awards' foreign-language film category.
Constantin Film has taken over TV production outfit Kirch Media Entertainment, one of the remaining assets of insolvent TV group Kirch Media, for 4.5 million euros ($5 million).
Guillaume de Posch, former deputy general manager of Gallic pay TV company TPS, was officially named chief operating officer of Haim Saban's ProSiebenSat.1 today.
Europe's biggest broadcaster, RTL Group, has beat Rupert Murdoch's News Corp. and fellow pan-Euro TV group SBS Broadcasting in its bid for former Croatian pubcaster HRT 3, which is being privatized.
Urs Rohner, CEO of German network ProSiebenSat.1, received a two-year extension to his contract Tuesday, winning a clear vote of confidence from the group's new owner Haim Saban.
German media giant Bertelsmann is facing a $5 billion lawsuit filed Monday in Santa Barbara, Calif., by two former managers who claim they were swindled out of a stake in AOL Europe.
Fallen Teutonic TV topper Leo Kirch's son Thomas has been formally asked to return unpaid loans worth E150 million ($170 million) to the bankrupt Kirch Media.
The entertainment industry is getting a helping hand from German legislators, who have introduced a new copyright law making it illegal for individuals to copy, distribute, download and upload music…
Haim Saban's German broadcasting group ProSiebenSat 1 has sold its news wire service DDP in a management buyout.
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