Bavaria, Telepool set up joint company

Bavariapool to finance international co-productions

BERLIN -- Just ahead of MIPCOM, German production/sales giants Bavaria and Telepool have set up a new joint venture to finance big-budget international co-productions that neither would be able to bankroll alone.

Bavaria and Telepool-subsidiary Europool will jointly control the new division -- dubbed Bavariapool International Coproductions -- which former Bavaria managing director Dieter Frank will run.

While officially competitors, Telepool and Bavaria have several common shareholders, with German public broadcasters BR, MDR and SWR all having stakes in both companies.