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German media powerhouse ProSiebenSat.1 is bundling its eight manufacturing firms in Germany, the U.Okay., Denmark and Israel, together with its international distribution arm, underneath a newly established banner known as Seven.One Studios.
The brand new entity will produce throughout all key genres for its personal platforms in addition to for exterior purchasers. Sooner or later, there will likely be a transparent focus throughout the German-speaking territories on content material with younger expertise for the younger goal demographic.
The businesses that can feed into Seven.One Studios embrace Cheerio Leisure (Germany), Flat White Productions (Germany), Pyjama Productions (Germany), Redseven Leisure (Germany), CPL Productions (U.Okay.), Endor Productions (U.Okay.), July August Productions (Israel), Snowman Productions (Denmark) and Germany and U.Okay.-based distribution arm Crimson Arrow Studios Worldwide.
Seven.One Studios will likely be managed by Henrik Pabst as CEO, Alexander Pesch as CFO and Martin Metzger as COO.
Pabst mentioned: “The demand for content material is just growing. This makes it all of the extra vital for cross-platform suppliers like ProSiebenSat.1 to have entry to the fitting content material and its growth, together with in-house manufacturing capacities.
“By founding Seven.One Studios, we’re making ourselves extra unbiased from the aggressive German manufacturing market. Our European manufacturing homes, alongside our well-established Israeli manufacturing firm, stays an important a part of our enterprise. It is usually clear: We are going to proceed to spend a big a part of our native finances on the third-party producer market. Likewise, our manufacturing firms will proceed to function freely available on the market and work for exterior purchasers.”
Extra to come back.
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