, has received a long-term investment from private equity fund Serafin Group. The business has also appointed Olivia Pahl as head of content development and co-production.
Pahl will oversee the slate of global film, premium network television and streaming projects at NTM, the Munich-based company founded in February 2020 by Kloiber. Previously, at Studiocanal TV and Tandem Productions, Pahl rose to head of development after joining the company in 2015 from Germany’s ProSiebenSat.1 Media.
“Olivia has proven herself to be a superb executive with excellent creative instincts, production skills and industry relationships,” Kloiber said. “I am thrilled to have her join me in managing our many existing projects with phenomenal co-production partners and growing our slate with more great content.”
By partnering with Serafin, which had an annual turnover of $1 billion in 2019, NTM has secured complete funding of its existing and future projects. “Being nimble, having a short decision-making process and significant liquidity are major advantages for us now in securing great projects when other major players are sitting on the sidelines,” said Serafin’s Philipp Haindl. “This flexibility provides NTM with the chance to adjust our strategy quickly, depending on fallout from COVID-19, and take advantage down the road of strategic media growth opportunities in Europe and throughout the world.