Pantaflix - Content and distribution
Pantaflix’s first half results show a marked reduction in the EBITDA loss, from €3.1m in H118 to €1.1m for the period, benefiting from lower operating expenses. The new corporate strategy put in place earlier in the year broadens the potential revenue streams, both in terms of channels to market and in the breadth of content. Management guidance suggests a significant improvement in EBIT and earnings in H219, with consensus forecasts suggesting that the group should move into profit in FY21.Pantaflix AG, formerly known as PANTALEON Entertainment AG, is a Germany-based company, which is primarily engaged in the entertinment industry. The Company operates as a provider of video-on-demand platform Pantaflix where filmmakers and rights holders can upload and manage their content directly, make it available in across the world.
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