TV

AMC/Sundance Channel Global to acquire KinoweltTV

Cable giant AMC/Sundance Channel Global has reached a deal to take over German-language network KinoweltTV, pending regulatory approval.
April 24, 2014

AMC/Sundance Channel Global has reached a deal to take over German-language channel KinoweltTV, for an undisclosed sum.

The acquisition, which is pending regulatory approval, would expand the cable giant’s presence in Germany, Austria and Switzerland.

The basic pay-TV channel airs a mix of classic and contemporary feature films. Its management team will join AMC/Sundance Channel Global and Achim Apell will continue to be KinoweltTV’s managing director.

In a statement, the company’s president Bruce Tuchman said Kinowelt’s films “complement Sundance Channel’s distinctive programming and we expect this acquisition will fit perfectly into our portfolio.”

In March, AMC/Sundance Channel Global signed a deal with Dubai-based pay-TV network OSN to launch Sundance Channel HD in the Middle East and North Africa.

About The Author
Meagan Kashty is an associate editor of realscreen, an international print and online magazine that covers the non-fiction film and television industries. Meagan is an award-winning business journalist. Prior to joining the realscreen team, Meagan was online editor of Canadian Grocer, named Magazine of the Year at the 2015 Canadian Business Media Awards. She can be reached at mkashty@brunico.com, and you can follow her on Twitter @MegKashty

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