German Mini Major Leonine acquired Hyperbole Medien, a Berlin-based television production company owned by Bastian Asdonck, known for its non-fiction and entertainment formats.
The deal, which takes effect June 1, gives Leonin full control of Hyperbole, the award-winning documentary series producer. Germany And a political talk show 13 fragments (13 questions). The company mainly operates for German public broadcasters such as ZDF, ZDFneo, zdf.kultur, NDR, SWR and MDR, as well as corporate clients such as Sony Music, Red Bull and New Balance.
Financial details of the deal were not disclosed. Asdonk will remain as CEO of Hyperbole, with Leonine Digital CEO Christian Meinberger joining the company’s board.
“[Hyperbole] It has a clear profile, a sense of the times and is a successful blend of innovation and high quality journalistic formats. “Hyperbole’s creative team is a good fit for us,” said Fred Kogel, CEO of Leonine. “Together, we will extend our existing intellectual property with new formats and, in the meantime, expand access to our content.”
Leonine adds Hyperbole to her growing group of film and television producers. The German studio, owned by the private investment group KKR, already controls the German television stations i&u TV, Madame Zheng Production, Odeon Fiction, SEO Entertainment, W&B Television, as well as Wiedemann & Berg Film.
Source: Hollywood Reporter