German film distribution company Pantaleon has launched its own record label Pantasounds, which will be distributed by Universal Music and led by music manager Pino Brönner (pictured) as CEO.
Headquartered in Munich, Pantasounds will release film soundtracks as well as signing and promoting its own artists.
Brönner will take charge of operational responsibility of the new subsidiary as both CEO and partner.
He also runs his own music management firm Bam Bam Music, with clients including winners of The Voice of Germany, Kurt Krömer, Radio Doria, Till Brönner and Michael Patrick Kelly.
Pantaleon Entertainment, founded by actor/director Matthias Schweighöfer, will hold a 67.5% majority stake in the label.
Music producers Arne Schuhmann and Josef Bach are shareholders.
“I am very pleased to be working with Pantasounds, the list of its founders pretty much spells dream team: musical creativity, economic expertise and marketing know-how.”
tom bohne, universal music germany
Tom Bohne, President of Music at Universal Music Germany, said: “I am very pleased to be working with Pantasounds, the list of its founders pretty much spells dream team: musical creativity, economic expertise and marketing know-how.
“To top it all off, Matthias Schweighöfer as a partner, who not only has a great sense of what audiences want, but is also himself an established brand in the entertainment business. I wish everyone involved much success and good luck!”
Dan Maag, CEO of Pantaleon Entertainment AG, said: “Music and film are really inseparable subjects – and simply belong together.
“In the past, we have successfully promoted music acts on a project basis with our own films and achieved excellent chart positions. It’s only logical to combine these activities in a subsidiary and work with strong partners to parlay that.
“Pino Brönner is one of the most relevant figures in the German music industry and is the perfect match for our existing Pantaleon team.
“With Universal Music and Tom Bohne we now also have the market leader in music firmly by our side; a model which we have been implementing very successfully with our film distribution partners of Warner Bros.”
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