VCL Film + Medien AG - Company Profile and Analysis

VCL Film + Medien AG, founded in 1981, is a film licensing company based in Germany. The company acquires foreign and domestic film rights and licenses those films for video, DVD and television distribution. VCL Film + Medien AG operates through various subsidiaries, including VCL Communications GmbH, Cine Plus Home Entertainment GmbH, First Film GmbH, Allied Film Management GmbH, and Equity Pictures Medienfonds GmbH.

Film Production
Through Equity Pictures Medienfonds GmbH, the company develops, produces, co-produces, markets and distributes cinema and television productions, audiovisual products, media and merchandise. Its product portfolio includes feature films, animated films, documentaries, edutainment programmes and special interest programmes. In 2007, the company generated 45.6% of its total revenue in this business segment.

Film Distribution

Cine Plus Home Entertainment GmbH markets DVD and video films. The company distributes its films through video rental stores and retail outlets. It also markets audio books and VCL Communications' titles, including children's and special interest programmes.

Licensing
The licensing business segment includes the sale of rights in German-speaking regions, the sale of rights to television stations, add-on publishing (sale of magazines with DVDs) and sub-licensing for DVD rights.

Filmed Entertainment

The company owns and manages Asylum, a cinema theatre in Germany (also offered to third parties).

In September 2010, the company filed for bankruptcy in the District Court of Munich.

In the year to end-November 2007, VCL Films + Medien AG achieved revenues of EUR 11.4 million (annual growth of 15.2%) and net profit of EUR 0.3 million (annual growth of 137.5%).