German Distributor DCM Acquires Swiss Ascot Elite
#DCM #Ascot Elite #acquisition #film distribution #Germany #Switzerland #market expansion
📌 Key Takeaways
- German distributor DCM has acquired Swiss film company Ascot Elite.
- The acquisition expands DCM's market presence in the German-speaking region.
- Ascot Elite's film catalog and distribution network are now under DCM's control.
- The deal aims to strengthen DCM's competitive position in European film distribution.
📖 Full Retelling
Berlin-based DCM has acquired full control of the leading Swiss indie, with Stephanie Candinas to run the group.
🏷️ Themes
Business Acquisition, Film Distribution
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Original Source
Share on Facebook Share on X Google Preferred Share to Flipboard Show additional share options Share on LinkedIn Share on Pinterest Share on Reddit Share on Tumblr Share on Whats App Send an Email Print the Article Post a Comment Berlin-based independent producer/distributor DCM has acquired leading Swiss indie distributor Ascot Elite Entertainment, the two companies announced Thursday. In a deal between Swiss-born DCM founders Dario Suter, Christoph Daniel, Marc Schmidheiny and Joel Brandeis, and managing director Stephanie Candinas, and Ascot Elite owners Karin G. Dietrich, Ralph S. Dietrich and Stephan Giger, DCM will take full control of Ascot. Candinas will take over executive management of the Swiss company, with Giger remaining in place as co-managing director for a transitional period. Related Stories Music SiriusXM Celebrates Long-Awaited New BTS Release With Pop-Up Channel Movies Unifrance Executive Files Attempted Rape Complaint With Police Against French Actor Patrick Bruel The new merged company will operate under the DCM brand. The family-owned Ascot Elite, founded in 1928, is Switzerland’s leading independent film distributor, handling the local release of such features as Marty Supreme , The Housemaid , and No Other Choice in the territory. DCM, launched in 2008, is one of Germany’s top indie producer/distributors, responsible for the German releases of crossover hits including The Artist , Moonlight , and I, Tonya as well as German-language blockbuster kids franchise Bibi & Tini . The company has a stake in Thorsten Schumacher’s London-based film sales company Rocket Science and in the New York arthouse theater Metrograph. In 2024 they acquired a major stake in Wim Wenders‘ production company Road Movies. The Ascot Elite owners said they approached DCM with the sale offer. The companies have worked together many times over the years, coordinating the release of third-party titles. “Ever since we first met Dario, Christoph, Marc and Joel at the start...
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