DGAP-News

PANTALEON Entertainment AG adds top Apple manager to Executive Board

DGAP-News: PANTALEON Entertainment AG / Key word(s): Change of Personnel
PANTALEON Entertainment AG adds top Apple manager to Executive Board

09.01.2017 / 17:19
The issuer is solely responsible for the content of this announcement.

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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