ZDF Studios, a privately owned company headquartered in Germany and a commercial subsidiary of ZDF, also previously known as ZDF Enterprises, was founded in 1993 and employs approximately 120 individuals. The company reported $289.9M in revenue as of 2024. Functioning as a media production entity, it serves as the commercial arm of ZDF, one of the largest TV broadcasters in Europe.
On September 18, 2026, Portuguese public broadcaster RTP announced a local-language adaptation of the German factual entertainment format *Cash or Trash*. Titled *Negócio Fechado* and hosted by Tânia Ribas de Oliveira, it represents the format's 12th international adaptation and is coproduced by Warner Bros International Television Production (WBITVP) Spain and Coral Europa. Previously, on August 31, ZDF Studios expanded its unscripted distribution portfolio by launching international format sales for *Neo Match Up*, an entertainment format from ZDFneo that combines celebrity participation with a fast-paced guessing game. This followed the July 16 announcement that Federation Kids & Family and ZDF Studios secured key international sales for the live-action tween spy series *The Lady Grace Mysteries*. Following its world premiere on the BBC, the show's first season was acquired by Italy's Rai, Japan's NHK, Australia's ABC, and several other international broadcasters. On July 14, Icelandic producer Glassriver teamed with ZDF Studios-owned Network Movie on *Áróra*, a crime drama series based on Lilja Sigurðardóttir’s internationally bestselling "An Áróra Investigation" novels; Network Movie optioned all five books for development. Earlier, on July 10, ZDF Studios and Impossible Factual began co-developing *The Lost Library of Herculaneum*, a premium documentary that will follow researchers as they begin deciphering the only surviving library from the ancient world.
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