New York-based sales, distribution and production company Submarine Entertainment has teamed up with New York prodco Dakota Group Ltd. (Bobby Fischer Against the World, Marina Abramovic the Artist is Present) and Berlin-based NFP Marketing & Distribution (Chasing Ice, Pina) to form a German-based joint venture distribution imprint and label.

Periscope Pictures will release films theatrically and on DVD, VoD, Digital, SVOD and TV in Germany, Austria and German-speaking Switzerland.  While the partners say the slate will be announced shortly, the plan is for the new imprint to release more than five titles per year.

Submarine’s David Koh, Dan Braun & Josh Braun, and Dakota Group’s Stanley Buchthal said in a joint statement: “We have already had a great collaboration on many movies and it was the next step to make something more formal. [NFP's] Christophe [Ott] and Alexander [Thies] have always impressed us with their marketing and distribution acumen and they have become great friends. We look forward to collaborating with them on the Periscope Pictures label with our filmmakers and producers who could not be in better hands.”