BERLIN — Entertainment Value Associates is expanding its world sales operations with the 50% acquisition of international distrib Duo Entertainment.
With offices in Dusseldorf and Los Angeles, Duo offers a key foothold for the Munich-based EVA.
The Munich-based production and licensing group also holds an option for a 100% takeover of Duo.
“Through this joint venture, EVA can increase its rights library by more than 20 additional titles that can be optimally exploited through our own world sales company, Atlas Intl.,” said EVA topper Kai-Roger Grueneke, who also becomes Duo’s co-CEO along with its current chief exec, Philip von Alvensleben.
One new title from the joint venture is Canadian-U.S. TV series “ZOS: Zone of Separation,” about U.N. peacekeepers.
EVA subsidiary Atlas will handle international sales for the series. The first season, budgeted at $12 million, focuses on peacekeeping efforts in the Balkans, while the second season, currently in production, is set in the Middle East.
The skein will be one of EVA and Atlas’ new catalog highlights at next month’s Mipcom TV market in Cannes.
In addition, EVA is looking to partner with von Alvensleben, who also heads L.A.-based Alive Entertainment, on international co-productions and strengthening ties between Munich and Los Angeles.