Newen announced that is has acquired a majority stake in production company Flare Film. The Berlin-based company has successfully developed and produced cinema and documentary movies since 2008 and has established its series unit Flare Entertainment in 2020 to strengthen its footprint in the growing series market.
Flare’s productions are internationally acclaimed with public and critical success at numerous festivals (Sundance, Berlinale and Locarno), and its first high-scale series “Paradiso” for Sky has recently wrapped production. Martin Heisler, the founder and owner of Flare Film, will continue to run the group while also retaining a significant stake. The goal of this partnership with Newen is to continue Flare Film's growth by bringing together new talent, following the successful strategy of Newen in the UK.
This acquisition marks a new step in Newen’s international expansion strategy. The group is now present on the main European markets and, due to its size - the largest in Europe - and its creativity, Germany is a key market for its development. Its attractiveness has been further reinforced by several recent major international successes of German productions such as “Dark,” “Das Boot,” “Babylon Berlin,” or “How to sell drugs fast”.
"Newen continues its dynamic strategy of gathering the best European talent with the acquisition of Flare Film. This is an important step for the group, because European ambition necessarily includes the German market, the most important one in Europe. We are looking forward to work with Martin Heisler and his teams, not only because they are talented but also because our common desires and values guarantee great ambitions. We will do everything to support them in creating and enhancing attractive content to viewers all around the world," said Romain Bessi, Managing Director of Newen.
Philippe Levasseur, Head of International of Newen, added: "Flare Film is the ideal partner for Newen: a very creative team, eager to collaborate beyond its borders, ambitious in various genres. The development of scripted series with Newen started even before the signature of this acquisition because everyone in the group was waiting for this German partner, which is essential for our European deployment”.
Lastly, Martin Heisler, President and CEO of Flare Film, commented: “The film and TV market has never been as exciting as it is right now, and becoming part of the Newen family is an important step for us to play a bigger role in the German market as well as in international co-productions. At the same time, we will remain a trustworthy partner for the creative talents and all our collaborators, and will continue to follow our vision: to produce exciting, high-quality and relevant content. We are proud that Newen put its trust in us to achieve these goals. Together we have a lot of plans!”.
This is an important step for the group, because European ambition necessarily includes the German market, the most important one in Europe” Romain Bessi Managing Director of Newen