Tele München Gruppe

Tele München Gruppe
GmbH & Co. KG
Industry Media
Founded 27 April 1970
Headquarters Munich
Key people
Herbert G. Kloiber
Herbert L. Kloiber
Revenue €286 million[1] (2015)
€56 million[1] (2015)
Website www.tmg.de

The Tele München Gruppe (TMG) is a media company based in Munich.

The activities of the TMG include trade in licenses, investments in television and radio stations and distribution and production of television films and movies. TMG has one of the largest film libraries in Europe.

History

Headquarters of TMG in Munich

The Tele München GmbH was founded on April 27, 1970 by author and producer Walter Ulbrich. It was purchased in 1977 by Herbert Kloiber and his business partner Fritz Buttenstedt. In 1980 the Concorde Filmverleih (Concorde film distribution) was founded and a year later, in 1981, the company acquired along with the cinema operator Hans-Joachim Flebbe several movie theaters in Hamburg, Berlin and Braunschweig.

1985 TMG was partner at the television station Sat.1, but after a year sold its shares, and started the TV station musicbox. In the same year TMG took over the Munich private radio station Radio Xanadu, which was later renamed to Radio Energy.

In 1987, Silvio Berlusconi’s company Fininvest acquired 50 percent of musicbox. This was the basis for the channel Tele 5. In 1988, Axel Springer Publishing House and CLT became partner at TMG. In 1989, 50 percent from the company were sold to Capital Cities / ABC.

1991 TMG sold its shares in Tele 5 to the Axel Springer Publishing House and in 1992 founded together with CLT, Bertelsmann and Bauer Media Group the TV channel RTL II. In 1995, the television station Tm3 was founded by TMG and the Bauer Media Group.[2]

In 1996, Herbert Kloiber bought back the TMG shares from Capital Cities / ABC, and took over the shares of Bauer Media Group on Tm3. In 1997, TMG participated in the Hungarian private broadcaster TV2.[3]

In 1998, Rupert Murdoch's company News Corporation took over 66 percent of Tm3 and two years later, in 2000, took over Tm3 completely.[4]

On 28 April 2002, the channel Tele 5 was restarted by TMG.

Investments

Sales

Broadcasting

Production

Other interests

See also

References

  1. 1 2 "TMG financial year 2015". TMG. 20 July 2016. Retrieved 25 January 2017.
  2. "Gesellschafterstruktur" (in German). RTL II. Retrieved 5 June 2015.
  3. Ed Meza (6 April 2001). "Tele Munchen revs hit $194 mil on record sales". Variety. Retrieved 5 June 2015.
  4. "Tele-München-Gruppe mit Rekordgewinn nach tm3-Verkauf" (in German). Handelsblatt. 5 April 2001.
  5. 1 2 3 4 "Activities". Tele München Gruppe. Retrieved 5 June 2015.
  6. Scott Roxborough (22 November 2011). "Herbert Kloiber's Tele-Munchen Group Ups Stake in Odeon Film". The Hollywood Reporter. Retrieved 5 June 2015.
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