The Thirteenth Floor
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1 item from 2005


German-U.S group takes Senator reins

13 October 2005 | The Hollywood Reporter - Movie News | See recent The Hollywood Reporter - Movie News news »

COLOGNE, Germany -- A German-U.S. investment consortium led by producer Marco Weber and German entertainment lawyer and Viva TV co-founder Helge Sasse has acquired a majority stake in insolvent German film group Senator Entertainment from Deutsche Bank, the companies announced Thursday. In addition to Weber and Sasse's acquisition of a 50.1% share in Senator from Deutsche Bank, the bank and a group of smaller investors continue to hold a 30% share of Senator. The rest will remain in free-float. As required by German law, Weber and Sasse will make a buyout offer to Senator's minority shareholders. Under his L.A.-based Atlantic Streamline banner, German-born Weber has produced such indie titles as Igby Goes Down, All The Queen's Men and The Thirteenth Floor. »

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1 item from 2005


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