TELEPOOL Invests in Games Development
TELEPOOL, a diversified licensing company with offices in Munich, Zürich, Leipzig and Los Angeles, expands its activities in the games market: The company has acquired 100 percent of the Munich development studio Diviad. Diviad GmbH moved into the rooms of TELEPOOL and was rebranded to Wild River Games GmbH. The new company will bundle all games development and publishing activities of the group, while another TELEPOOL subsidiary, EuroVideo Medien, will continue to handle physical games distribution. Managing directors of the new entity will be Marc Wardenga, previously Head of Games at EuroVideo Medien, and industry veteran Ralf Gronwald (formerly Activision and Disney).
This move creates a strong new games industry player, combining sophisticated game development capacities with stellar publishing expertise.
André Druskeit, CEO of TELEPOOL: “Games remains a growth market in which we want to play an even stronger role with the acquisition of Diviad. Additionally, we see increasing synergies with our film business. An exciting example is ‘bayala’, an animated family movie: Our global distributor Global Screen sells the rights internationally, while Wild River Games publishes the corresponding PC and console game simultaneously."
Marc Wardenga, Co-Managing Director of Wild River Games, adds: “Publishing games will remain our core business, but the creation of internal development resources gives us the opportunity to create games without external partners, an important step towards becoming an internationally successful player.”
Ralf Gronwald, Co-Managing Director of Wild River Games, adds: “The acquisition creates a powerful and efficient games team active in all areas of the market. A great prerequisite for further growth.”
About WILD RIVER GAMES
Wild River Games is a fully-owned subsidiary of Telepool GmbH and publishes games for all major platforms and target groups, including games like the PC and console hit “Windstorm” and the internationally successful mobile game “Pretzel Land”.
TELEPOOL GmbH, founded in 1963, is a diversified media company with offices in Munich, Zurich, Leipzig and Los Angeles. In German-speaking Europe, TELEPOOL distributes and exploits international theatrical movies, feature films and series, publishing and excerpt rights as well as radio productions. TELEPOOL covers the entire spectrum of the film marketing and exploitation chain: In addition to development and co-financing, production and co-production of films and series, TELEPOOL operates under the brand of Global Screen one of Europe's leading global distributors. EuroVideo Medien GmbH exploits domestic and foreign film licenses and TV productions on DVD and Blu-ray for sale and rental as well as for video on demand. In addition, the company is active in co-financing and marketing of games. Through its subsidiary Netleih GmbH & Co.KG TELEPOOL lends DVDs and Blu-rays and operates the VoD portal videobuster.de. TELEPOOL's library ranges from theatrical blockbusters and (event) movies to award-winning documentaries and successful TV series. In June 2018, actor and producer Will Smith ("Bad Boys", "Striving for Happiness", "Ali", "Men In Black", "I am Legend" etc.) and Swiss investor, Elysian Fields jointly acquired TELEPOOL.