21.11.2016
PANTALEON Entertainment AG DE000A12UPJ7
DGAP-News: PANTALEON Entertainment AG:
DGAP-News: PANTALEON Entertainment AG / Key word(s): Miscellaneous
PANTALEON Entertainment AG:
21.11.2016 / 16:13
The issuer is solely responsible for the content of this announcement.
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PANTALEON Entertainment AG: pantaflix.com concludes beta phase in December,
soon available on 1 billion iOS devices
- Innovative VoD platform ends beta-phase successfully; market phase begins
- New iOS app extends availability to over 1 billion mobile devices
worldwide
- By Q1/2017 the film catalogue will surpass major international
competitors
Berlin, November 21, 2016 - pantaflix.com, the innovative Video-on-Demand
(VoD) platform of PANTALEON Entertainment AG, listed on the Frankfurt Stock
Exchange's Entry Standard (XETRA: PAL, ISIN: DE000A12UPJ7), successfully
concludes the beta phase. The end of the beta test is scheduled for
December 2016, and marks the beginning of the pantaflix.com marketing phase
at the same time.
With the start of active marketing, numerous new features will be
activated, such as curated content in the form of the "Collections", "Wish
List" functions and a revised design.
Also in December, the pantaflix app will become available to download in
the App Store and make pantaflix.com available worldwide on over 1 billion
iOS devices, such as iPhones and iPads.
Just in time before the Christmas holidays, the first targeted ad campaigns
with testimonials and online ads for specific films will be started. A
major TV campaign is planned for 2017.
Also, in the field of content pantaflix.com is growing dynamically. By the
end of the year, the film catalogue will surpass the German-language
catalogues of major competitors. By the first quarter of 2017,pantaflix.com
will have a larger selection of films than Netflix, for example.
"The end of the beta phase is a major milestone for us. We spent longer
than expected testing our product, but in that time period, we were able to
gather a considerable amount of knowledge about the future potential of our
platform, which went into the development the new version," says PANTALEON
CEO Dan Maag. "With the latest version, we have not only one of the most
sophisticated VoD platforms worldwide, but also laid the foundation for an
especially fast scalability of our platform. Now we will focus entirely on
the marketing of the platform."
About pantaflix.com:
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 in over 240 territories
with just a few clicks. By eliminating the middlemen, pantaflix.com offers
immediate market access to 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. In
2015, worldwide VoD sales totalled 11.2 billion Euros, a sum which is
expected to double by 2020, as viewing habits change permanently - away
from linear broadcast TV to flexible VoD services, including on mobile
digital devices such as smartphones and tablet PCs. Thanks to its
innovative approach, pantaflix.com has the potential for above-average
growth in this market.
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 roll-out. For more information:
www.pantaleonentertainment.com.
Contact:
PANTALEON Entertainment AG
Katharinenstrasse 4
D-61476 Kronberg im Taunus
Tel.:+49 6173 3945095
Fax: +49 6173 3945097
E-Mail: [email protected]
Investor Relations:
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Freihamer Strasse 2
D-82166 Gräfelfing/Munich
Tel.:+49 89 89827227
E-Mail: [email protected]
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21.11.2016 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.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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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
End of News DGAP News Service
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