Blog Post

Moviepilot sells German operation for $20M to continue U.S. push

Germany’s Moviepilot has taken an unusual trajectory, beginning as a film recommendation site called Moviepilot.de and expanding into the U.S. and elsewhere with a fan site called Moviepilot.com. Now it’s going to focus on the newer company with a fresh $20 million cash infusion that comes from French media firm Webedia, the proud new owners of Moviepilot.de. The German site has 5 million monthly users and 2 million Facebook(s fb) fans, along with popular German-language YouTube(s goog) channels. Moviepilot CEO Tobias Bauckhage said the sale would let his team “press ahead with even more energy and focus on our expansion into the U.S. market.”