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In page Cinema of Germany:

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In the final years of the GDR, the availability of television and the programming and films on television broadcasts reaching into the GDR via the uncontrollable airwaves, reduced the influence of DEFA productions, although its continuing role in producing shows for East German television channel remained.[citation needed] Following the Wende, DEFA had ceased production altogether, and its studios and equipment was sold off by the Treuhand in 1992, but its intellectual property rights were handed to the charitable DEFA-Stiftung (DEFA Foundation) which exploits these rights in conjunction with a series of private companies, especially the quickly privatized Progress Film GmbH, which has issued several East German films with English subtitles since the mid-1990s.[3][5]