LONDON (Alliance News) - Reach4entertainment Enterprises PLC on Wednesday said it plans to launch a Dewynters entertainment agency in Germany, forming a new subsidiary for the group.
This new agency will join Dewynters in London and its Spotco business in New York as forming part of the company's portfolio of entertainment and event marketing agencies.
It will be launched by Michael Hildebrandt, who was previously recently director of strategy and development at Stage Entertainment Germany GmbH.
"The creation of Dewynters in Germany now gives us a powerful position in the world's top three entertainment markets. We are very excited about this opportunity to serve individual clients in Central Europe but also to work on combined projects across the US, UK and Germany. Michael's record and reputation in the German entertainment market is second to none and I know that Jim Edwards in New York and James Charrington in London are eager to start working with him - together, they create quite a leadership platform for our company," said Executive Chairman David Stoller in a statement.
Shares in Reach4entertainment were down 1.3% at 1.85 pence Wednesday.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
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