Kloiber to supervise Cinemaxx

Mogul owns 50% of Teutonic theatre chain

BERLIN — Munich media mogul Herbert Kloiber has been named chairman of Cinemaxx’s supervisory board, following his near-50% acquisition of the multiplex chain.

Kloiber’s Tele Munchen Group earlier this year took over Cinemaxx’s debt from its main creditor, Dresdner Bank.

In October, Cinemaxx shareholders voted to transform the debt into a 49.66% stake in the company, making Kloiber the main shareholder in Germany’s second-largest exhib chain after Kieft & Kieft. Cinemaxx operates 38 multiplexes with 332 screens across the country.

Kloiber also has extensive television assets, theatrical production and distrib and home-entertainment operations and a film-licensing business that accounts for the lion’s share of his company’s revenue.

More Film

  • Cats review

    Jennifer Hudson, Taylor Swift, James Corden Cast in Movie Version of 'Cats'

    BERLIN — Munich media mogul Herbert Kloiber has been named chairman of Cinemaxx’s supervisory board, following his near-50% acquisition of the multiplex chain. Kloiber’s Tele Munchen Group earlier this year took over Cinemaxx’s debt from its main creditor, Dresdner Bank. In October, Cinemaxx shareholders voted to transform the debt into a 49.66% stake in the […]

  • In this undated photo released by

    Six Thai Cave Rescue Films Now in Development

    BERLIN — Munich media mogul Herbert Kloiber has been named chairman of Cinemaxx’s supervisory board, following his near-50% acquisition of the multiplex chain. Kloiber’s Tele Munchen Group earlier this year took over Cinemaxx’s debt from its main creditor, Dresdner Bank. In October, Cinemaxx shareholders voted to transform the debt into a 49.66% stake in the […]

  • Quien te cantara

    Iciar Bollain, Isaki Lacuesta, Rodrigo Sorogoyen, Carlos Vermut Join San Sebastian Competition

    BERLIN — Munich media mogul Herbert Kloiber has been named chairman of Cinemaxx’s supervisory board, following his near-50% acquisition of the multiplex chain. Kloiber’s Tele Munchen Group earlier this year took over Cinemaxx’s debt from its main creditor, Dresdner Bank. In October, Cinemaxx shareholders voted to transform the debt into a 49.66% stake in the […]

  • 'Far From the Tree' Review

    Film Review: 'Far From the Tree'

    BERLIN — Munich media mogul Herbert Kloiber has been named chairman of Cinemaxx’s supervisory board, following his near-50% acquisition of the multiplex chain. Kloiber’s Tele Munchen Group earlier this year took over Cinemaxx’s debt from its main creditor, Dresdner Bank. In October, Cinemaxx shareholders voted to transform the debt into a 49.66% stake in the […]

  • Jing Tian The Great Wall

    Hollywood May Win Quota Concession in China (Report)

    BERLIN — Munich media mogul Herbert Kloiber has been named chairman of Cinemaxx’s supervisory board, following his near-50% acquisition of the multiplex chain. Kloiber’s Tele Munchen Group earlier this year took over Cinemaxx’s debt from its main creditor, Dresdner Bank. In October, Cinemaxx shareholders voted to transform the debt into a 49.66% stake in the […]

  • Damascus Cover review

    Film Review: 'Damascus Cover'

    BERLIN — Munich media mogul Herbert Kloiber has been named chairman of Cinemaxx’s supervisory board, following his near-50% acquisition of the multiplex chain. Kloiber’s Tele Munchen Group earlier this year took over Cinemaxx’s debt from its main creditor, Dresdner Bank. In October, Cinemaxx shareholders voted to transform the debt into a 49.66% stake in the […]

  • No Merchandising. Editorial Use Only. No

    Shinobu Hashimoto, Scriptwriter for Akira Kurosawa, Dies at 100

    BERLIN — Munich media mogul Herbert Kloiber has been named chairman of Cinemaxx’s supervisory board, following his near-50% acquisition of the multiplex chain. Kloiber’s Tele Munchen Group earlier this year took over Cinemaxx’s debt from its main creditor, Dresdner Bank. In October, Cinemaxx shareholders voted to transform the debt into a 49.66% stake in the […]

More From Our Brands

Access exclusive content