French Newen took a majority stake (51%) in the German prodco 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.
Its productions are internationally acclaimed with public and critical success at numerous festivals (Sundance, Berlinale, Locarno) and its first high-scale series Paradiso for Sky has recently wrapped production. Martin Heisler, the founder and owner of Flare Film, continues to run the group while also retaining a significant stake.
The objective 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, a subsidiary of TF1 Group, is now present on the main European markets: Tuvalu and Pupkin (Netherlands), Nimbus (Denmark), De Mensen (Belgium), Reel One (Canada, USA and UK), Ringside, Fictionhouse, Slate Entertainment, Further South Productions (UK) and iZen (Spain), among others. Newen group also has a catalog of 6,000 hours and more than 1,000 films. Due to its size, the largest in Europe, and its creativity, Germany is a key market for Newen’s development.