23.04.2018
PANTAFLIX AG DE000A12UPJ7
DGAP-News: PANTAFLIX AG: Digital business on the advance - COO Stefan Langefeld takes over as CEO
DGAP-News: PANTAFLIX AG / Key word(s): Change of Personnel
PANTAFLIX AG: Digital business on the advance - COO Stefan Langefeld takes
over as CEO
23.04.2018 / 07:15
The issuer is solely responsible for the content of this announcement.
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PANTAFLIX AG: Digital business on the advance - COO Stefan Langefeld takes
over as CEO
- Ex-Apple iTunes manager Stefan Langefeld moves to the head of the Board
- Strong growth in online video distribution platform PANTAFLIX
- Digital business in the focus of the Group
- Consistent integration of all divisions
- Founder and hitherto member of the Management Board Dan Maag is dedicated
as Managing Director of PANTALEON Films to the further expansion of the
production business
Munich, 23 April 2018 - The Supervisory Board in yesterday's meeting has
appointed Management Board member Stefan Langefeld to the new CEO of
PANTAFLIX AG (ISIN: DE000A12UPJ7). He follows Dan Maag, who with immediate
effect and by mutual agreement has laid down his Management Board mandate
and will henceforth head the Group's production business as the new Managing
Director of PANTALEON Films together with Management Board member Nicolas
Paalzow. In the same instance, the Supervisory Board has extended Stefan
Langefeld's mandate by two years until 30 April 2022.
Stefan Langefeld was formerly responsible as a member of the Management
Board and COO for the entire digital business of PANTAFLIX AG. In
particular, under his leadership, the subsidiary PANTAFLIX Technologies has
become an innovative and globally operating provider for the distribution of
audiovisual content. In addition to hundreds of rights owners from all over
the world, its customers include the US studio Disney and the French
entertainment group STUDIOCANAL, which exploit and monetize their content
via the digital infrastructure of the VoD platform PANTAFLIX.
Dan Maag, founder and hitherto CEO of PANTAFLIX AG, explains: "With Stefan
Langefeld's appointment, we have already in the past year consistently
followed our course of rapid and powerful growth with an internationally
experienced top management. Stefan Langefeld led the worldwide expansion of
the iTunes platform in 60 countries at Apple for 10 years, and since he has
been responsible for the digital division at PANTAFLIX, we have taken
gigantic steps with him. PANTAFLIX is already one of the leading and most
reliable suppliers in this global business. Thus, it is only logical that
Stefan Langefeld is now continuing to expand the entire group of companies
into a leading digital corporation. With his clear and visionary manner, he
enjoys high respect within the Group as well as among customers and
partners".
"I am very pleased to initiate the next step in the evolution of this great
company. Our global infrastructure is a unique product that we have
developed completely in-house, making it a unique asset for our company. Our
international teams are highly professional - the prerequisites could not be
any better. The combination of production expertise and digital
infrastructure also offers unique opportunities and a bright outlook for the
future. We will now continue our hard work to achieve this," says Stefan
Langefeld, the new CEO of PANTAFLIX AG.
The production areas of PANTAFLIX AG will be aligned to the digital business
even more consistently than before. "In everything we do, our first thought
must be about the potential in the online sector," summarizes company
founder Dan Maag, who will continue to work exclusively as a producer for
the company in the future.
About PANTAFLIX AG:
PANTAFLIX AG (XETRA: PAL, ISIN: DE000A12UPJ7) is one of the fastest growing
media companies in Europe. Consisting of the video-on-demand platform (VoD)
PANTAFLIX, the traditional film production division PANTALEON Films, the
music label PantaSounds and the brand integration unit March & Friends, the
Group pursues a 360-degree approach to the production, distribution,
exploitation, and marketing of films and series as well as their rights. The
company's high growth dynamics stems from its progressive distribution model
for international film productions on PANTAFLIX.
PANTAFLIX already provides content to film and series consumers all over the
world. PANTAFLIX AG has cooperation agreements with renowned partners such
as Amazon, Warner Bros., Disney, StudioCanal and Sun Seven Stars Media. In
its German home market, the group is based in Berlin, Munich, Cologne and
Frankfurt/Main.
About PANTAFLIX (VoD platform):
PANTAFLIX is a cloud-based video-on-demand platform "made in Germany" that
for the first time enables film producers and rights holders to make their
productions available to a global audience in just a few clicks. Its global
orientation and direct market access break up the existing structures in the
film business and offer producers the best possible remuneration for their
films. Meanwhile, PANTAFLIX offers film fans a particularly extensive and
diverse portfolio with content from a wide range of genres that is precisely
geared to their interests and needs. PANTAFLIX began its rollout at the end
of 2016. With film producer Dan Maag, digital expert Stefan Langefeld and
media manager Nicolas Paalzow, it has a unique management team with deep
roots in the film and technology industry.
For further information, visit www.pantaflixgroup.com and www.pantaflix.com.
Contact:
PANTAFLIX AG
Eerik Budarz
Head of Capital Markets
Stephanstr. 1
D-60313 Frankfurt
phone: +49 (0)69 2002 34 99
fax: +49 (0)69 2002 34 97
mail: [email protected]
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
phone: +49 (0)89 89827227
mail: [email protected]
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23.04.2018 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: PANTAFLIX AG
Holzstraße 30
80469 Munich
Germany
Phone: +49 89 2323 85 50
Fax: +49 89 2323 85 519
E-mail: [email protected]
Internet: www.pantaflixgroup.com
ISIN: DE000A12UPJ7
WKN: A12UPJ
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf,
Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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