checkAd

    DGAP-News  371  0 Kommentare PANTALEON Entertainment AG: pantaflix.com to Launch in First Key Asian Markets in December

    DGAP-News: PANTALEON Entertainment AG / Key word(s): Miscellaneous
    PANTALEON Entertainment AG: pantaflix.com to Launch in First Key Asian
    Markets in December

    25.11.2016 / 08:00
    The issuer is solely responsible for the content of this announcement.

    ---------------------------------------------------------------------------

    pantaflix.com to Launch in First Key Asian Markets in December

    - Innovative VoD platform pantaflix.com debuts in Asia
    - Additional audience of 600 million viewers
    - More territories to follow soon

    Berlin, November 25, 2016 - pantaflix.com, the innovative Video-on-Demand
    (VoD) platform of PANTALEON Entertainment AG (XETRA: PAL, ISIN:
    DE000A12UPJ7), will wrap up its beta testing phase in December and launch
    in the key Asian territories of Indonesia, Japan, the Philippines and
    Vietnam, expanding the audience by over 600 million viewers in addition to
    markets already serviced in Europe and the USA.

    The launch takes place in four countries where major international
    competitors are either not available at all, or only with a very limited
    catalogue, and where local providers are unable to match the
    www.pantaflix.com program catalogue.

    At the same time, these territories show a massive growth in VoD content
    purchase on mobile devices such as smartphones and tablet computers. For
    example, Indonesia, with 258 million inhabitants, is one of the five most
    populated countries in the world. And with 42 % of its population under the
    age of 25 it has a growing generation, with a changed expectation of the
    digital availability of content such as films. These new consumer patterns
    represent a tectonic shift in entertainment revenue streams, enabling
    potential annual double-digit percentage revenue growth.

    Dan Maag, CEO of PANTAFLIX and PANTALEON Entertainment AG explains: " We
    are right before the end of the beta phase in December and the commercial
    availability of our platform. Accordingly, it is time to start the
    international roll-out. Pantaflix.com is an innovative product designed for
    users around the world. Our goal is to achieve global availability already
    in 2017."

    www.pantaflix.com is also set to launch in numerous other international
    territories soon.

    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: ir@pantaleongroup.com

    Investor Relations:
    CROSS ALLIANCE communication GmbH
    Susan Hoffmeister
    Freihamer Strasse 2
    D-82166 Gräfelfing/Munich
    Tel.:+49 89 89827227
    E-Mail: sh@crossalliance.com


    ---------------------------------------------------------------------------

    25.11.2016 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

    ---------------------------------------------------------------------------

    Language: English
    Company: PANTALEON Entertainment AG
    Katharinenstr. 4
    61476 Kronberg
    Germany
    Phone: 06173 - 394 50 95
    Fax: 06173 - 394 50 97
    E-mail: info@pantaleonfilms.com
    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
    ---------------------------------------------------------------------------

    524181 25.11.2016


    Diskutieren Sie über die enthaltenen Werte


    EQS Group AG
    0 Follower
    Autor folgen

    Verfasst von EQS Group AG
    DGAP-News PANTALEON Entertainment AG: pantaflix.com to Launch in First Key Asian Markets in December DGAP-News: PANTALEON Entertainment AG / Key word(s): Miscellaneous PANTALEON Entertainment AG: pantaflix.com to Launch in First Key Asian Markets in December 25.11.2016 / 08:00 The issuer is solely responsible for the content of this announcement. …

    Schreibe Deinen Kommentar

    Disclaimer