Viaplay’s Central and Eastern European production division Paprika Studios has exited the Scandinavian media group.
A management buyout led by Paprika CEO Ákos Erdős will return the Budapest-based producer to its indie roots, and marks the latest chapter in Viaplay’s strategy to recover from a financially devastating 2023.
Selling Paprika was among the plans floated last week as part of a recapitalization program at Viaplay, which is targeting double-digit profit margins in five years’ time. Terms of the agreement were not revealed.
Paprika has been part of Viaplay since 2012, initially joining what was then known as Modern Times Group. After Viaplay decided to focus on its Nordic and Netherlands operations and a content strategy based on premium sports, acquired films and series and local non-scripted productions, Viaplay offered Paprika management the chance to buy back the business. An offer was received on January 10 and the transaction closed on Friday (January 19).
The recapitalization plan,...
A management buyout led by Paprika CEO Ákos Erdős will return the Budapest-based producer to its indie roots, and marks the latest chapter in Viaplay’s strategy to recover from a financially devastating 2023.
Selling Paprika was among the plans floated last week as part of a recapitalization program at Viaplay, which is targeting double-digit profit margins in five years’ time. Terms of the agreement were not revealed.
Paprika has been part of Viaplay since 2012, initially joining what was then known as Modern Times Group. After Viaplay decided to focus on its Nordic and Netherlands operations and a content strategy based on premium sports, acquired films and series and local non-scripted productions, Viaplay offered Paprika management the chance to buy back the business. An offer was received on January 10 and the transaction closed on Friday (January 19).
The recapitalization plan,...
- 1/22/2024
- by Jesse Whittock
- Deadline Film + TV
Ildikó Enyedi, who won the Berlin Golden Bear and was Oscar nominated for “On Body and Soul,” will start shooting the pilot episode of the TV series “Angel’s Trumpets” (Angyaltrombiták) at the end of this month. The bloody and humorous revenge story was written by Katalin Besenyei, who pitched it at the Hypewriter TV Series Pitch Forum in 2021 to a jury that had Enyedi among its members. The project was awarded and Enyedi eventually boarded the project, Film New Europe reports.
The story takes place in Békés County, in the southeast corner of Hungary. It is produced by Ákos Erdős through Paprika Studios, and it will have its first public screening at this year’s Hypewriter competition in autumn. Rtl Hungary will broadcast the pilot, and if that is a success a full season will be made.
The two protagonists of the series are Anna and Jázmin, who were...
The story takes place in Békés County, in the southeast corner of Hungary. It is produced by Ákos Erdős through Paprika Studios, and it will have its first public screening at this year’s Hypewriter competition in autumn. Rtl Hungary will broadcast the pilot, and if that is a success a full season will be made.
The two protagonists of the series are Anna and Jázmin, who were...
- 6/22/2022
- by Denes Varga
- Variety Film + TV
IMDb.com, Inc. takes no responsibility for the content or accuracy of the above news articles, Tweets, or blog posts. This content is published for the entertainment of our users only. The news articles, Tweets, and blog posts do not represent IMDb's opinions nor can we guarantee that the reporting therein is completely factual. Please visit the source responsible for the item in question to report any concerns you may have regarding content or accuracy.