ZDF Enterprises takes stake in World Media Rights
London and Mainz, 6th June 2017
ZDF Enterprises today announced it has signed an agreement to acquire a 32.5 % minority stake in UK content production company World Media Rights via the holding company European Media Rights Ltd.. It is ZDF Enterprises’ first investment in a UK production company.
The new investment coincides with a board restructure at World Media Rights. Existing World Media Rights board member and company CEO Alan Griffiths is joined by David McNab, who joins the company as Creative Director and ZDF Enterprises’ Vice President Corporate and Portfolio Strategy Tanja Meier-Sieden. David McNab, comes with a long-list of blue-chip factual credits including In the Shadow of the Moon, (Channel 4), Secret Universe, The Hidden Life of the Cell (BBC 2) and The Planets (BBC 2).
Founded in 2007, World Media Rights produces factual TV programming and drama reconstruction for a wide range of international broadcasters including Reelz, American Heroes Channel and Netflix. Successful US cable programming franchises include Black Ops, Air Crash Confidential and Myth Hunters.
Alan Griffiths, CEO of World Media Rights: “We have worked with a number of distribution businesses over the years and have found ZDF Enterprises an excellent partner who can best sell our shows internationally. This investment will help us further our ambitions by producing new types of shows in the factual entertainment space”.
Alexander Coridass, President and CEO of ZDF Enterprises added: “Alan is a brilliant and internationally renowned creator and producer. We have had distribution mandates of World Media Rights productions for many years and value their creative strength and economical power. Thus, it was simply the next logical step in our partnership to become a shareholder. This closer relationship will enable us to jointly produce and market even more outstanding productions for the UK, Germany and the entire world in the future.”
ZDF Enterprises’ investment is subject to approval by the Bundeskartellamt, Germany’s Federal Cartel Office.
About World Media Rights
World Media Rights is currently one of the largest producers of international factual programming in the UK. It is also one of the few fully independent and long established UK producers. Created in 2007 it now supplies factual TV programming to over fifty-five countries globally and its programmes are regularly broadcast on channels and platforms including Discovery (in Europe and the USA), CCTV in China, Netflix, Planete, ZDF, Foxtel, Mediaset and UKTV.
For further information on World Media Rights, please contact Justin Crosby at Boom! PR on +44 (0)203 176 6688 / +44 (0) 7966 228361, email@example.com.
About ZDF Enterprises
ZDF Enterprises was founded in 1993 as a commercial subsidiary of ZDF, one of the largest and most renowned TV broadcasters in Europe. Headquartered in Mainz, Germany, ZDF Enterprises is responsible for the worldwide sale of programs, the making of international coproductions, the acquisition of licenses as well as the merchandising of strong program brands in its own name, for the ZDF, and for third parties. ZDF Enterprises has successfully established itself as an independent market player on the German and international stage. Bound into a strong group, the company manages the largest German-language stock of programs in the world and, next to this, a continuously growing portfolio of international productions consisting of series and miniseries, TV movies, documentaries and children’s programs. In the course of the development and diversification process carried out up to now, many business fields in the television and media domains were made accessible in the ZDF Enterprises group. Thus ZDF Enterprises can provide a comprehensive, full-service offering today, and covers every step in the chain of origin and exploitation of successful TV programs, from development to production and up to the marketing of TV licenses, merchandising rights, online rights and much more.
For further information on ZDF Enterprises, please contact Christine Denilauler Tel.: +49 6131-9911130, firstname.lastname@example.org.