Night Train Media acquired distribution company Eccho Rights from CJ ENM.
With offices across the world, Eccho Rights licenses about 17,000 hours of drama each year. The company’s expertise in Turkish, Scandinavian, South Korean, and European drama will complement NTM’s English-language production focus.
Eccho Rights will continue to operate as an independent entity, with Fredrik af Malmborg continuing to serve as CEO. Night Train Media CEO Herbert L. Kloiber will assume chairman of the Eccho Rights board.
Kloiber stated, “We are impressed by Eccho Rights’ growth, not only by its sales of popular drama series from across the globe, but also by its strategic vision. Eccho’s key business areas are complementary and synergetic with NTM’s. Combing our strengths could not come at a better time when even worldwide streamers are increasingly licensing content in selected territories. We are looking forward to supporting Eccho Rights in its growth plans and to closely working with this expert team.”
Fredrik af Malmborg added, “We share the same vision for the future of TV production and distribution, and having the support of NTM, Eccho Rights will strengthen its position as the go-to partner for creators looking to retain their independence in an ever-consolidated industry.”
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