Magazine article Screen International

AMC/Sundance Acquire Kinowelt TV

Magazine article Screen International

AMC/Sundance Acquire Kinowelt TV

Article excerpt

AMC/Sundance Channel Global makes its first foray into Germany, Austria and Switzerland with the acquisition of the German pay-TV channel

AMC/Sundance Channel Global has secured an agreement to acquire KinoweltTV, a basic pay-TV channel distributed throughout Germany, Austria and Switzerland.

The 24/7 linear network airs classic and contemporary films. The acquisition expands AMC/Sundance Channel Global's European presence with full distribution across all platforms in German-speaking Europe. The transaction is subject to the satisfaction of certain closing conditions, including regulatory approval.

Bruce Tuchman, President of AMC/Sundance Channel Global and MGM Channel Global, said: "The acquisition of KinoweltTV is an important moment for AMC/Sundance Channel Global as it increases its international footprint and provides widespread distribution across all major platforms throughout German speaking Europe. …

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