Banijay to acquire Sony Pictures Television Germany.

Banijay, a content creation company, agreed to acquire Sony Pictures Television Germany, a producer and distributor of motion picture and television series. Financial terms were not disclosed. “It is with great pleasure that I welcome Astrid, Mirek, and their team, to the Banijay family! With its strong format brands and high production values, the entity certainly fits perfectly into our group. We have always believed in maintaining the independence and individuality of our labels in order to shape the future of entertainment together, and with the power of this group behind them, we have every confidence, the company will thrive in its new home," Marcus Wolter, Banijay CEO of Germany.