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New Legend Media capitalised as Euro buying power

A new multi-territory German-backed buyer has emerged in New Legend Media AG, a privately held production and distribution outfit founded from the merger of Munich-based ACC Entertainment and LA-based Legend Entertainment.Two German venture capital companies - Hamburg-based GBK Beteiligungen and Munich-based CEA - have joined the consortium of private investors backing New Legend. Other shareholders include Tom Berry of Legend, Al Munteanu and Peter Popp of ACC and Canadian ...

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