Paul Heaney: Last News

Herbert L. Kloiber’s Night Train Media has acquired scripted distributor Eccho Rights from Korean giant CJ ENM, with Eccho Co-Founder Nicola Söderlund retiring.

Manori Ravindran International EditorGerman investment and co-production outfit Night Train Media has fully acquired Swedish distributor Eccho Rights, buying Korean media group CJ ENM’s majority stake in the business in the process, Variety can reveal.The Stockholm-headquartered Eccho Rights is best known for a rich catalogue of Turkish content — which travels extremely well internationally — as well as Scandinavian, Western European and Korean programs. CJ ENM bought a majority stake in the company in December 2018 as part of a drive to expand in Europe, but has now fully sold that stake into Night Train Media.The deal for Eccho comes almost exactly a year after Night Train Media, which is backed by private equity company Serafin Group, bought a majority stake in Paul Heaney’s London-based distribution outfit BossaNova.

Manori Ravindran International EditorFormer Tele München Group managing director Herbert Kloiber’s Night Train Media has taken a majority stake in London-based non-scripted distributor BossaNova as it looks to align its documentary and drama businesses.Under the deal, BossaNova — founded last year by non-scripted veterans Paul Heaney and Dina Subhani — will have access to an acquisition fund to fulfil the company’s mission of co-creating and co-funding projects by matching producers with the most relevant platforms and broadcasters: a clever model in the non-scripted arena that was popularized by Heaney at his former company, TCB Media Rights, which was sold to “Pooch Perfect” distributor Beyond Rights last summer.

Manori Ravindran International EditorTCB Media Rights boss Paul Heaney and partner Dina Subhani have launched co-production and distribution company BossaNova Media, just months after stepping away from their former business.The new outfit will unite producers and buyers in an integrated hub that can fast-track commissioning and dealmaking, speaking to Heaney and Subhani’s unique strengths in navigating producer and buyer relationships.BossaNova will also help to co-create shows by matching ideas to producers and pairing them with relevant platforms or broadcasters.Heaney and Subhani founded factual distribution company TCB Media Rights, which started trading in 2012 as a two-person operation that grew to generate $20 million in revenues.