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About the 75th birthday of the UFA film studios. Universum-Film Aktiengesellschaft was established in 1917 as a direct response to foreign competition in film and propaganda. In 1927 Alfred Hugenberg an influential German media entrepreneur, and later Minister of the Economy, Agriculture and Nutrition in Hitler's cabinet, purchased UFA and transferred it to the Nazi party in 1933. As a result of the Nazi policy of "forcible coordination" in 1942 known as the Gleichschaltung, UFA and all of its competitors, including Tobis, Terra, Bavaria Film and Wien-Film, were bundled together with foreign film production companies Nazi-controlled to form the super-corporation UFA-Film GmbH (Ufi), with headquarters in Berlin. After the Red Army occupied the UFA complex in 1945 in Babelsberg, and after the privatization of Bavaria and UFA in 1956 in West-Germany, the company was restructured to form Universum Film AG and taken over by a consortium of banks.