You will be redirected back to your article in seconds

Webedia Buys Germany’s Moviepilot for $20 Million

Webedia, a French online publishing conglomerate, has acquired German film website Moviepilot for $20 million, the companies announced Wednesday.

Moviepilot.de operates as a hybrid of film review site Rotten Tomatoes and IMDB database, recording around 11 million hits per month and 5 million monthly users during the first quarter of this year, making it one of Germany’s top film destinations online. The site’s Facebook page in Germany has more than 2 million fans, while its YouTube channels generate more than 10 million views a month.

Moviepilot founders Jon Handschin, Tobias Bauckhage, Benjamin Krause and Malte Cherdron (see above) will continue to own a separate U.S. site and use the funds from the sale to Webedia to grow that operation, which is even larger with 40 million hits per month. The company analyzes film trends and box office performance for studios, including 20th Century Fox and Sony Pictures, assisting the companies on social media campaigns. Company also provides the Social Media Buzz breakdown for Variety.

“The sale of our first start-up, allows us to press ahead with even more energy and focus on our expansion into the U.S. market with our second start-up, moviepilot.com,” said Bauckhage, CEO, based in Los Angeles and Berlin.

Webedia also owns popular German movie destination Filmstarts, a subsidiary of French property Allocine. Both Moviepilot.de and Filmstarts will continue to operate as separate ventures.

“We believe that no other team in Europe understands social publishing as well as Moviepilot,” said Webedia’s managing director, Guillaume Multrier.

Bauckhage, Handschin and Ben Kubota launched Moviepilot with financing from T-Venture of Deutsche Telekom and Grazia Equity, as well as IBB Beteiligungsgesellschaft and angel investors that included Stefan Glänzer (last.fm) and Riccardo Zacconi (king.com).

Meanwhile Webedia has expanded its online holdings since 2008, through French investment company Fimalac, managed by Marc Ladreit de Lacharrière. Company now oversees 15 websites, including PurePeople and Newsring, and attracts more than 9 million visits a day and 21 million unique visitors a month in France and 40 million worldwide. In June, Webedia acquired French gaming site jeuxvideo.com from HiMedia. It also operates entertainment websites in Brazil, Spain, Turkey and the Middle East.

More Digital

  • Smithsonian subscription VOD

    Smithsonian Networks Launches New Subscription VOD Service, Folding in Smithsonian Earth

    Smithsonian Networks has expanded its push to reach cord-cutters with the launch of Smithsonian Channel Plus, promising subscribers 1,000-plus hours of streaming nonfiction programming for $5 per month. The new subscription VOD service incorporates and supersedes Smithsonian Earth, the company’s $3.99-monthly SVOD service that launched three years ago, which had been geared around nature and wildlife. [...]

  • YouTube Rewind 2018

    YouTube Rewind 2018 Officially Becomes Most-Disliked Video Ever

    The haters have spoken: In less than a week, YouTube Rewind 2018 — its year-in-review mashup — has registered the most dislikes of any video on the platform. As of Thursday (Dec. 13) morning, YouTube Rewind 2018 had notched 9.9 million dislikes after debuting Dec. 6. That pushed it above the previous record holder: Justin [...]

  • NPR Releases Open Source Podcast Metrics

    How NPR Aims to Bring Transparency to Podcast Metrics

    NPR unveiled a new open source podcast measurement project Wednesday that aims to bring more transparency and granularity to podcast metrics. The project, dubbed Remote Audio Data (RAD), has been developed in partnership with a number of podcast app developers, ad tech companies as well as tech and media heavyweights including ESPN, Google and iHeartMedia. [...]

  • 2019 Variety Predictions

    2019 Predictions: What's in Store for Film, TV and Music Next Year?

    It would be hard to top the drama of 2018. From media mega-mergers to the rise of Time’s Up, it was a year that had more than its fair share of twists and turns. Leslie Moonves resigned in disgrace, AT&T snapped up Time Warner, Disney inched closer to subsuming Fox and “Black Panther” shattered box [...]

  • apple brooklyn october 2018 event

    Apple Looking to Launch Magazine Subscriptions in Early 2019 (Report)

    Apple is preparing to relaunch Texture, a news subscription app it acquired in March, as a premium tier of Apple News early next year, according to a Bloomberg report. To prepare for the launch, Apple has been trying to get prominent newspapers including the New York Times and the Wall Street Journal to come on [...]

  • Tencent Music Raises $1.1 Billion for

    Tencent Music Raises $1.1 Billion for IPO, Much Less Than Expected

    China-based music streaming company Tencent Music Entertainment Group said it raised nearly $1.1 billion in its U.S. initial public offering, according to Reuters. Earlier this year, the company was expected to be valued at as much as $30 billion and raise $4 billion for its IPO, but those estimates were slashed in September. The IPO [...]

  • Netflix Orders ‘I Am Not Okay

    Netflix Orders ‘I Am Not Okay With This’ From Producers of ‘Stranger Things’

    The producers of “Stranger Things” and creator and director of “The End of the F***ing World” series are making “I Am Not Okay With This” for Netflix, a coming-of-age tale about a girl with mysterious powers. 21 Laps will make the series, which was co-created by Jonathan Entwistle, who was behind Channel 4 and Netflix show [...]

More From Our Brands

Access exclusive content