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.