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.

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Managing editor with realscreen publication, an international print and online magazine that covers the non-fiction film and television industries. Darah is an award-winning journalist who has spent over two decades covering a wide range of issues from real estate and urban development to immigration, politics and human rights, primarily with The Vancouver Sun. Prior to joining realscreen, she was editor of Stream Daily, realscreen's sister publication covering the dynamic global digital video industry. She also served a stint as a war reporter in Afghanistan for television and print, and was a national business blogger with Yahoo Canada.