Bavaria Film splits into two businesses after shareholder approval
Bavaria Film, the production company behind classics like Das Boot and The NeverEnding Story, is set to split into two separate businesses. The decision follows two years of discussions and has now been approved by shareholders and the supervisory board. The break-up will create one division focused on film and television production, while the other manages real estate and studio operations. The 28-hectare site in Geiselgasteig, near Munich, will remain a media hub, though new investors are being sought for the property side. A broker has already been hired to market the real estate division, with formal efforts launching this summer.
The company reported €308 million in revenue for 2025, delivering an €8 million profit. Julia Reuter, co-managing director, will lead the production arm after the split. She expects the restructuring to bring renewed growth for the business.
Bavaria Film’s shareholders include public broadcasters WDR, SWR, MDR, and BR, along with the Free State of Bavaria through its development bank, LfA. The split marks a major change for one of Germany’s oldest film studios. The production division will continue making films and TV shows, while the real estate arm seeks outside investment. The company aims to build on its long history while adapting to new market conditions.
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