Munich, Germany-based TV-Loonland has sold 3% interest in the company to Your Family Entertainment/Dr. Stefan Piech/Film & Medien Beteilgungs.
The group is a competitor of TV-L, but CEO Simon Flamank has issued a statement praising the investment.
Earlier this week, TV-L announced that it was debt-free after selling off portions of the company and is still in the midst of restructuring.
The management of both TV-L and the new stockowners will be meeting to in the next couple of weeks.
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