Sport1 Medien GmbH is selling its subsidiary PLAZAMEDIA to the fast-growing media production company DMC Production. Sport1 is thus consistently pursuing its strategy of focussing more strongly on its core business in future.
PLAZAMEDIA, one of the leading sports TV producers in the German-speaking world for almost 50 years, offers comprehensive full-service solutions - from live productions and content management to archiving and international distribution. Despite the change in ownership, Managing Director Jens Friedrichs will remain on board to ensure continuity.
With the acquisition of PLAZAMEDIA and the simultaneous purchase of RT1.TV mobile.production - a specialist for mobile live productions with OB vans and SNG trucks - DMC Production officially launches its German branch under the name "DMC Production Germany". The new company bundles a wide range of services: live broadcasts, studios, post-production, streaming, satellite broadcasts and IP-based distribution.
Paul Henriksen Heitmann, CEO of DMC Production, sees the acquisition as an important step in the company's expansion into Europe's largest TV production market: "With PLAZAMEDIA and RT1.TV, we are bringing together experience and technological innovation. Our aim is to realise smarter, faster and more sustainable productions and to offer our customers modern, cost-efficient solutions."
Sport1 Medien remains loyal to the new partner as a customer and emphasises that the partnership secures the long-term development of PLAZAMEDIA. For DMC Production, entering the German market is an important milestone in expanding its position as a European pioneer in modern media production.
