The legendary film studio hosted stars including Marlene Dietrich and served as a set for films like Tarantino’s “Inglourious Basterds” and Wes Anderson’s “Hotel Budapest.”

Located just outside Berlin, Studio Babelsberg has been under a cloud after the US company Cinespace — a subsidiary of the real estate company TPG Real Estate Partners (TREP) — became the majority shareholder at the beginning of 2022, since when hardly any filming has taken place at the studios.

German film director and Oscar winner Volker Schlöndorff added to those fears as he spoke of the “danger” posed to the studio’s existence. He said that since the company Kino Bidco, a subsidiary of Cinespace, became the main stakeholder, there were hardly any films being produced in the historic studios. Schlöndorff, who has also served as the CEO of Studio Babelsberg in the past, warned that the studio could be wiped out of existence.

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