Overview
- Arri said it has been sold to Wuppertal entrepreneur Thomas Riedel, who will own all shares while the company continues as a standalone business in Munich.
- Both sides plan close tech cooperation that links Arri cameras and lights with Riedel’s audio‑video networks, with a first joint deployment expected at May’s Eurovision Song Contest in Vienna.
- The sale follows years of falling demand and losses, with revenue near €500 million in 2023 but declining, a stressed cash position, and factory closures in Stephanskirchen and Brannenburg by December 2025.
- Recent restructuring cut jobs and unsettled staff, while Arri says the current leadership remains in place and Riedel will serve as owner rather than join management.
- Arri, a century‑old supplier to many Hollywood films and a multiple technical Oscar winner, faces cheaper digital rivals and slower big‑studio production, which the new live‑events focus seeks to offset.