For immediate release
STUDIOCANAL becomes a major shareholder in TANDEM COMMUNICATIONS.
Canal+Group announces a strategic partnership between STUDIOCANAL and TANDEM COMMUNICATIONS.
STUDIOCANAL took a majority stake in TANDEM COMMUNICATIONS, one of the leading European companies for international primetime Event TV productions and worldwide distribution of quality television programs.
This partnership marks another step in the growth of STUDIOCANAL.
In 2011, STUDIOCANAL reinforced its production investments with a slate financing deal to co-finance their international films, and enlarged its distribution with an output deal with Lovefilm in the UK and Germany.
With the partnership and stake in Tandem, STUDIOCANAL diversifies its activities in the market of international TV series and strengthens its position as a European leader in content, building on its strategy of International, high quality programming.
TANDEM COMMUNICATIONS, the European mini studio in international TV productions will continue to develop and produce primetime event programming for the worldwide market, and distribute its own productions worldwide as well as third party productions.
Tandem's strength lies in English language productions with prime time suitability and high production value with international themes that transcend boundaries.
Rola Bauer, Tim Halkin and Jonas Bauer will remain shareholders and will continue to lead and further develop Tandem Communications.
In 2012, the major events for Tandem will be the eight-hour event series "World Without End", based on Ken Follett's worldwide bestselling novel, and the four-hour miniseries "Labyrinth", based on the bestselling novel by Kate Mosse.
“STUDIOCANAL stands for excellent quality", says Rola Bauer, TANDEM President and Partner. "Its brand value and strategic expertise will open new levels for growth potential in the years to come. STUDIOCANAL has the foresight to support our entrepreneurial spirit and together we will multiply our respective strengths.”
Olivier Courson, Chairman and CEO of STUDIOCANAL said: “With our multi territory distribution network, the development of our international production, amplified by our slate financing deal, STUDIOCANAL is really now a major studio in Europe. As all studios have done, the next logical move is to diversify into TV Minis and Series. We searched for the best partner in Europe and found Tandem as the ideal one. Their television strategy is in sync with our objective. We were meant to work together. I am really glad to develop this new activity with such talented and gifted producers as Rola, Tim and Jonas.”
STUDIOCANAL is a subsidiary of CANAL+ Group. It is one of Europe’s leading companies in the market for co-production, acquisition, distribution and sale of international feature films on all types of media.
STUDIOCANAL is the only studio operating simultaneously in three main territories across Europe: France, the United Kingdom and Germany. The company distributes a total of more than 50 films a year throughout Europe.
Moreover, STUDIOCANAL owns one of the most important libraries in the world, with more than 5,000 French, British, Italian, German and American titles.
STUDIOCANAL latest fully financed film, TINKER, TAILOR, SOLDIER, SPY, based on John le Carré’sbestseller, directed by Tomas Alfredson, and produced by Working Title, was released in the UK on Sept. 16th, 2011, where it was number one in the box-office for 3 weeks in a row and grossed over £14 million. It was released on December 9th, 2011, in the USA, and will come out on February 2nd, 2012, in Germany and on February 8th in France.
STUDIOCANAL will also entirely finance and handle international rights of Joel and Ethan Coen’s next film, INSIDE LLEWYN DAVIS, produced by the Coens and Scott Rudin, and starring Justin Timberlake, Oscar Isaac,Carey Mulligan and John Goodman.
About TANDEM COMMUNICATIONS:
TANDEM COMMUNICATIONS is located in Munich, Germany and was started in 1999 by Rola Bauer and Tim Halkin. In 2007 Jonas Bauer became a partner in the company. From the beginning, their strategy was to build a vertically integrated media company whose core business is primetime production and worldwide distribution.
TANDEM develops, produces, markets and distributes high-quality, Event programming: From the ground-breaking Emmy® and Gemini Award-winning and Golden Globe® nominated series, The Pillars of the Earth with its record-breaking ratings and excellent critical acclaim, to the Emmy® Award winner Dune to the Golden Globe® nominated The Company, to the Emmy® nominated Dragons’ World, to name a few.
Further high-profile titles that have garnered excellent ratings and praise from the critics include Impact,Ring of the Nibelungs, the Nora Roberts franchise, Lost City Raiders, the Patricia Cornwell franchise, The Lost Future and Treasure Guards. TANDEM has been privileged to have partnered with acclaimed producers on several of these projects.
In December 2011, production wrapped on the eight-hour Event series World Without End, based on Ken Follett’s bestseller, as well as Labyrinth, a four-hour Event miniseries based on the bestselling novel by Kate Mosse.
For further information, please contact:
Phone: +33 1 71 35 19 20
Phone: +33 1 71 35 10 81
Phone: +49 (89) 96 22 83 12
Fax: +49 (89) 96 22 83 11