Legendary Entertainment and Tobis, a German independent distributor and production company, have agreed to form a joint venture to “develop, produce and distribute premium series content in German”.
The venture was announced Thursday by Legendary CEO Joshua Grod and Tobis directors Tim Oberveland and Theo Greengel.
The newly formed company will be headquartered in Tobis’ newly opened Munich offices and will focus on “top-notch series and mini-series driven by exceptional local talent and content”. The company plans to work with traditional German broadcasters and streaming platforms.
“Tobis will assume operational leadership on the ground, while Legendary will handle the distribution of all content created by the joint venture outside German-speaking Europe,” the partners said.
“Forming a strategic partnership with Tim and Theo to identify and collaborate on best-in-class episodic content is a key part of our strategy to continue Legendary’s international growth,” said Grodd. “We are excited about this partnership and its future growth as we move into the international television market.”
Oberveland and Gringell added: “We are delighted to partner with Legendary, an iconic studio and one of the strongest producers and creators of iconic intellectual property in the world. Together, we will create exciting new original series for the German-speaking market and beyond.”
Legendary and Tobis expect the deal to close and the company to begin operations in late summer, subject to clearance from the German antitrust agency.
In its 50-year history, Tobis has released more than 400 films in theaters. In recent years, the company has added domestic production to its growing list of activities. He produced films like The most beautiful girl in the world s Cat. His first foray into television, co-producing the series Pandemia lazy It is currently one of the most successful series on local broadcaster ZDF Neo,” the company said.
Legendary TV list includes reboots Lost in space For Netflix and dark fantasy carnival lineOrlando Bloom and Cara Delevingne among others for Amazon. Future projects include Dune: The Brotherhood for HBO Max, an untitled Monsterverse live-action series for Apple TV+, paper girlsbrian k Based on Vaughn’s bestselling Amazon graphic novel as well as an anime series. skull island s tumb raider for Netflix. Legendary’s upcoming local productions include god fallsBased on the successful manga, the Portuguese crime robbery project VandaAlso a Spanish thriller. you would too.
Source: Hollywood Reporter
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