GmbH & Co. KG | |
Industry | Media |
Founded | 27 April 1970 |
Headquarters | Munich |
Key people
|
Herbert G. Kloiber Herbert L. Kloiber |
Revenue | €286 million (2015) |
€56 million (2015) | |
Website | www.tmg.de |
The Tele München Gruppe (TMG) is a media company based in Munich.
The activities of the TMG include trade in licenses, investments in television and radio stations and distribution and production of television films and movies. TMG has one of the largest film libraries in Europe.
The Tele München GmbH was founded on April 27, 1970 by author and producer Walter Ulbrich. It was purchased in 1977 by Herbert Kloiber and his business partner Fritz Buttenstedt. In 1980 the Concorde Filmverleih (Concorde film distribution) was founded and a year later, in 1981, the company acquired along with the cinema operator Hans-Joachim Flebbe several movie theaters in Hamburg, Berlin and Braunschweig.
1985 TMG was partner at the television station Sat.1, but after a year sold its shares, and started the TV station musicbox. In the same year TMG took over the Munich private radio station Radio Xanadu, which was later renamed to Radio Energy.
In 1987, Silvio Berlusconi’s company Fininvest acquired 50 percent of musicbox. This was the basis for the channel Tele 5. In 1988, Axel Springer Publishing House and CLT became partner at TMG. In 1989, 50 percent from the company were sold to Capital Cities / ABC.
1991 TMG sold its shares in Tele 5 to the Axel Springer Publishing House and in 1992 founded together with CLT, Bertelsmann and Bauer Media Group the TV channel RTL II. In 1995, the television station Tm3 was founded by TMG and the Bauer Media Group.