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.

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