Pantaflix AG - Board/Management Information 2017

News Details

Corporate | 9 January 2017 17:19

PANTALEON Entertainment AG adds top Apple manager to Executive Board

DGAP-News: PANTALEON Entertainment AG / Key word(s): Change of Personnel

09.01.2017 / 17:19

The issuer is solely responsible for the content of this announcement.

PANTALEON Entertainment AG adds top Apple manager to Executive Board

– Stefan Langefeld leaving Apple for PANTALEON on May 1, 2017

– Long-standing iTunes Head of TV and Movies Central and Eastern Europe to become new COO at PANTALEON Entertainment AG

– Expansion of Executive Board with view to global rollout of VoD platform pantaflix.com in particular

Berlin, January 9, 2017 – PANTALEON Entertainment AG (XETRA: PAL, ISIN: DE000A12UPJ7) is today announcing that Stefan Langefeld will be joining the company to strengthen the Executive Board on May 1, 2017. Alongside CEO Dan Maag, as Chief Operating Officer (COO) Stefan Langefeld will be handling the already highly successful ongoing global rollout of the innovative video-on-demand (VoD) platform pantaflix.com particularly, while PANTALEON’s CEO Dan Maag will focus more on the areas of strategy, international partnerships and production.

Stefan Langefeld has more than 15 years of experience in the media and IT industry as a founder and manager, including around nine years in management positions at Apple, the biggest company in the world in terms of stock market value. Projects for which he was responsible included the launch of iTunes Video on German-speaking markets in Europe and more than 50 key emerging markets such as India, Africa, Russia, Turkey and the Middle East. With his comprehensive global network and his experience, he is considered one of Europe’s leading managers in the field of VoD. He began his career as an Executive Assistant to the CEO at Medienholding EUVIA MEDIA AG. From there he joined SKY Deutschland before becoming Head of TV Germany at Apple in 2007, launching and managing the iTunes TV Store in Germany. The expansion of German-language business in Switzerland and Austria was followed in 2013 by the position of iTunes’ Head of TV and Movies Central and Eastern Europe, which included the German-speaking countries, Italy and Eastern Europe. In October 2016, he became the Head of Apple Music and iTunes, assuming responsibility for the music business in German-speaking territories.

“In Stefan Langefeld, we have secured one of the world’s foremost minds in the field of VoD for our company,” announced Mathis Schultz, Chairman of the Supervisory Board of PANTALEON Entertainment AG. “Mr Langefeld’s commitment highlights the significance of pantaflix.com for the Group’s ongoing growth. Especially in this phase of rapid growth, we are confident that we can benefit from Stefan Langefeld’s expertise and outstanding network. We very much look forward to working together.”

“We have always been confident of the enormous potential of pantaflix.com. Nonetheless, the massive popularity since its launch in December 2016 has exceeded all our expectations. Securing a key player in the international VOD industry is therefore the next logical step in the rapid and solid growth of our global platform. Thanks to Stefan Langefeld we are now excellently positioned in the competition,” said PANTALEON’s CEO Dan Maag.

“PANTALEON has become one of Europe’s fastest growing media companies in recent years. I am especially pleased to be helping to shape the further development of the company in a key position moving ahead,” said the future Executive Board member Stefan Langefeld. “I will contribute my experience from my work to date to expand pantaflix.com into a leading VoD company on the world stage.”

About pantaflix.com :

www.pantaflix.com is an innovative and cloud-based Video-on-Demand (VoD) platform, which for the first time enables filmmakers and rights owners to market their productions to a worldwide audience with just a few clicks. pantaflix.com offers immediate market access reducing the stages of the exploitation chain. 75 percent of sales go straight to the producer, 25 percent to pantaflix.com . Thus, producers receive up to 7.5 times as much revenue as from traditional platforms.

About PANTALEON Entertainment AG:

PANTALEON Entertainment AG is one of the fastest growing media companies in Europe. The group, as a leading producer of feature films with world-class distribution partners such as Warner Bros. and Amazon Prime, developed high growth dynamics from the start. The financial success of the content division paid in for the formation of the disruptive video-on-demand (VoD) game changer pantaflix.com , a 100% daughter of PANTALEON that just recently initiated its global rollout. For more information: www.pantaleonentertainment.com and www.pantaflix.com

Contact:

PANTALEON Entertainment AG

Katharinenstrasse 4

D-61476 Kronberg im Taunus

Tel.:+49 6173 3945095

Fax: +49 6173 3945097

E-Mail: [email protected]

Contact Investor Relations:

CROSS ALLIANCE communication GmbH

Susan Hoffmeister

Freihamer Strasse 2

D-82166 Gräfelfing/Munich

Tel.:+49 89 89827227

E-Mail: [email protected]

09.01.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	PANTALEON Entertainment AG
	Katharinenstr. 4
	61476 Kronberg
	Germany
Phone:	06173 – 394 50 95
Fax:	06173 – 394 50 97
E-mail:	[email protected]
Internet:	www.pantaleonentertainment.com
ISIN:	DE000A12UPJ7
WKN:	A12UPJ
Listed:	Regulated Unofficial Market in Berlin, Stuttgart, Tradegate Exchange; Open Market (Entry Standard) in Frankfurt