- Joint Company with Joko Winterscheidt and more German industry players
- Former Sat.1-Chief Nicolas Paalzow to be CEO
- Focus on Broadcasters and Video-on-Demand providers
Berlin/Munich, April 4, 2016 – PANTALEON Entertainment AG (XETRA: PAL, ISIN: DE000A12UPJ7) is widening their creative circle of partners and will launch a collaboration with TV Host Joko Winterscheidt and other industry experts, like Brand Specialist Peter Olsson and Media Manager and former Sat.1-Chief Nicolas Paalzow, all of whom will be partners in the newly created company to become part of the PANTALEON-Family.
The objective of this joint venture is to interface advertising and entertainment; Creative Cosmos 15 GmbH („CC15“) will be based in Berlin and Munich and in contrast to PANTALEON Group’s cinematic endeavors will focus on products for Television and Video-on-Demand. Nicolas Paalzow will head the company as CEO, which is owned by all partners along with a PANTALEON Entertainment AG share of 40.5%.
“We’ve always loved to move consistently in the market and sail ahead of the big trends,” explains PANTALEON chairman Dan Maag. “With this unique combination of true movers and shakers, who we are welcoming into the PANTALEON-family, we see a massive advancement and diversification of our strategy to apply and fully extend our movie making competence in other fields. This is doubtless the most premium partnership of its kind.
PANTALEON Entertainment AG:
PANTALEON Entertainment AG is a media company with a strong focus on cinema. The core activity of PANTALEON Entertainment AG and its subsidiaries is the development and production of feature films as well as the exploitation of the rights arising therefrom, which are usually marketed by worldwide leading film distributors on a national and international basis along many steps of a chain of rights designed to best exploit them. The basis of the PANTALEON Group was formed in 2009 with the founding of PANTALEON Entertainment GmbH in Berlin. Today, 2016, PANTALEON belongs to the leading German companies in the production of feature films and innovative entertainment formats. The company is headquartered in Kronberg im Taunus. Feature films are developed at its offices in Berlin, Munich and Frankfurt am Main, the consistent quality of which makes them amongst some of the most successful national productions in recent years. In 2016, PANTALEON starts the global roll-out of its innovative cloud-based Video-on-Demand (VoD) platform, PANTAFLIX. You can find more information at www.pantaleonentertainment.com
Disclaimer:
This publication constitutes neither an offer to sell nor an invitation to buy securities or stocks. In the private placement only selected investors are addressed, who are specifically not US persons within the meaning of the US Securities Act of 1933. This release may contain forward-looking statements and information identified by words such as 'expects', 'wants', 'anticipates', 'intends', 'plans', 'believes', 'seeks', 'estimates', 'will' or similar terms. Such forward-looking statements are based on our current expectations and certain assumptions, which may involve a number of risks and uncertainties. The actual results achieved by PANTALEON Entertainment AG may substantially differ from these forward-looking statements. PANTALEON Entertainment AG assumes no obligation to update these forward-looking statements or revise them due to differing or unexpected trends.