According to Omdia, nearly half of these revenues will stem from streaming video, which is forecast to reach $24 billion in 2025. The FAST expansion will contribute to this growth.
Steve Matthews and Johannes Jensen will report to Frédéric Balmary, Chief Business Officer, and work to effectively support and partner with the group’s thriving portfolio of over 60 dedicated labels.
Beta Film has teamed up with production companies X Filme Creative Pool (Michael Polle, Babylon Berlin), True Content Entertainment (Ole Søndberg, Millennium trilogy), and EPO-Film, as well as broadcasters ZDF, DR, and New8.
Berard will oversee global sales, acquisitions, and co-productions, supporting the company’s slate of new series and feature films while reinforcing its global partnerships.