French media giant Studiocanal has taken full control of German production company Tandem Productions, buying out the remaining shares in the Munich-based group behind such TV productions as the Emmy-nominated miniseries Pillars of the Earth and the upcoming period crime drama Shadowplay, starring Taylor Kitsch.
The deal, announced Tuesday by Studiocanal CEO Anna Marsh, sees the French group buy out the minority share in Tandem, controlled by partners Rola Bauer, Tim Halkin and Jonas Bauer.
Studiocanal took a majority stake in the company in 2012, rebranding it StudiocanalTV/Tandem Productions. Rola Bauer, who co-founded Tandem with Halkin in 1999, will stay connected to Studiocanal via a non-exclusive consulting deal.
Read more on hollywoodreporter.com
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