Groenewold moves pair to Odeon


COLOGNE, Germany -- German financial wunderkind David Groenewold added another puzzle piece to his cross-media group on Monday, transferring 51% of new Berlin-based distributor Majestic Filmverleih and producer Majestic Filmproduktion to his production group Odeon Film.

Groenewold set up the Majestic companies earlier this year with partner, and former Senator Film executive, Benjamin Herrmann. Herrmann remains Majestic managing director and holds a 49% stake in both companies.

Majestic's focus is on German-language features, both as a distributor and a financier/co-producer.

Last week the group picked up Doris Doerrie's upcoming romantic comedy "Hanami" and the documentary "Con Man Confidential" from Alexander Adolph.

Majestic has also boarded three new features as a co-producer and distributor: Florian Gallenberger's World War II biopic "John Rabe"; the mountain climbing drama "Nordwand" from Phillip Stoelzl; and "Desert Flower," an adaptation of the 1997 best-selling autobiography from Somalian-born model Waris Dirie.