Fenix Entertainment

What Fenix Entertainment does

Fenix Entertainment S.p.A. (ticker FNX) is an Italian film, television, and music production company headquartered in Rome, founded in late 2016 by Riccardo Di Pasquale, Matteo Di Pasquale, and actress Roberta Giarrusso. The company operates three core divisions — Cinema (theatrical films, documentaries, international co-productions), TV Productions (broadcast and streaming series), and Fenix Music (artist management, soundtrack composition, and music licensing) — plus a Film Distribution unit created in August 2020. Productions span roughly 12+ feature films including 'Monica' (GLAAD Media Award 2024), 'Stranizza D'Amuri' (Nastro d'Argento 2023), 'Body Odyssey', 'Burraco Fatale', and international co-productions like 'Here After', alongside music releases from a roster of 15+ managed artists. Revenue is generated through production fees, distribution agreements, co-production economics, and music royalties under three principal streams: film production licensing, music production/soundtrack royalties, and content distribution to cinema chains, broadcasters (Sky Cinema, RAI Cinema), and streaming platforms (Amazon Prime Video, ITSART). The go-to-market is B2B and channel-led, with partner relationships across The Orchard for international music distribution, Galassia Cinema for 200+ theatrical screens in Italy, and Minerva Pictures/Europictures for international film sales.

The company went public on AIM-PRO on 14 August 2020 as the inaugural Italian listing in that segment (share capital €1,833,283.88 across 235,141,615 shares), then migrated to Euronext Growth Milan on 24 June 2021 as the first company to make that segment transition. Funded growth through a €5,022,500 warrant exercise and capital increase (June 2021), a €3,000,000 non-convertible Basket Bond (December 2022), and a €10,000,000 convertible bond with warrants to Negma Group Investment Ltd (March 2023), the latter triggering ongoing dilution and precautionary litigation. In December 2021, Fenix acquired majority stakes in Laser S. Film S.r.l. and Laser Digital Film S.r.l. for film library and production capacity. As of late 2023 the Board initiated a concordato preventivo (preventive composition with creditors) procedure, filing a continuity restructuring plan with the Tribunal of Rome on 19 March 2024, indicating acute financial distress despite continued production activity and festival recognition.

Name

Fenix Entertainment

Legal name

Fenix Entertainment S.p.A.

Website

https://fenixent.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Fenix Entertainment S.p.A. is a Rome-based publicly listed (Euronext Growth Milan: FNX) Italian film, TV, and music production company producing theatrical films, documentaries, and soundtracks for broadcasters, streaming platforms, cinema chains, and music distributors in Italy and internationally.

Ownership category

akta.pro rank

Product category

Film and Music Production Services

NAICS

Motion Picture and Sound Recording Industries (512), Record Production and Distribution (51225)

SIC

Services-Motion Picture & Video Tape Production (7812)

akta.pro primary industry

Recorded Music Distribution (Physical & Digital) (MPAIAAAC)

akta.pro secondary industry

Home Entertainment Distribution (Digital: TVOD/EST) (MPADAJAE)

Keywords

• Film production services
• Music production services
• Audiovisual content production
• Theatrical film distribution
• Soundtrack composition

Headquarters

HQ city

Rome

HQ country

Italy

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Film Production Revenue: Fenix produces films for theatrical release, TV, and streaming platforms. Revenue comes from production fees, co-production deals, and distribution agreements with broadcasters and platforms.
2. Music Production and Soundtrack Revenue: Fenix Music division produces music, signs artists, and creates soundtracks for Fenix films and third parties. Revenue includes music sales, streaming royalties, and soundtrack licensing.
3. Content Distribution: The company distributes content through theatrical release (cinema chains), TV broadcasting (Sky Cinema, RAI), streaming platforms (Amazon Prime Video), and digital platforms (It's Art for concerts).

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

Fenix Entertainment produces and distributes audiovisual content through three divisions: Cinema (theatrical feature films, documentaries, international co-productions), TV (broadcast and streaming entertainment series), and Fenix Music (artist management, film soundtracks, music publishing). The company acquires, develops, and produces content, then licenses it to broadcasters, cinema chains, and streaming platforms, while distributing its music catalog globally through The Orchard and the It's Art platform.

Product overview

Fenix Entertainment is a film and music production company structured into three main divisions: Cinema, TV, and Fenix Music. The Cinema division produces and distributes theatrical films including dramas, comedies, documentaries, and international co-productions. The TV Productions division creates entertainment content for broadcast and streaming platforms. The Fenix Music division manages artists, produces soundtracks for films, and handles music licensing and distribution. The company operates as a producer-distributor rather than a technology platform, leveraging partnerships with distributors, broadcasters, and music platforms for content delivery.

Differentiator

Problem solved

Functional benefit

Brands

• Fenix Music: Music production division of Fenix Entertainment covering music production, artist management, and film soundtrack composition.
• Fenix Entertainment Distribuzione

Products and services

• Cinema Division Film production division responsible for developing, producing, and distributing theatrical films including dramas, comedies, documentaries, and international co-productions, for sale to distributors, broadcasters, and cinema chains.
• TV Productions Television production division creating entertainment series and TV movies for broadcast and streaming platforms including RAI 3, sold to broadcast and streaming buyers.
• Fenix Music Music production and publishing division managing artists, producing soundtracks for Fenix films, and handling music licensing and distribution through The Orchard internationally and the It's Art platform exclusively.
• The Garbage Man Neo-noir feature film directed by Alfonso Bergamo, produced by Fenix Entertainment and Gika Productions, featuring Paolo Briguglia, Randall Paul, Roberta Giarrusso, and Tony Sperandeo.
• Body Odyssey Drama film directed by Grazia Tricarico about a 45-year-old bodybuilder whose existence is a spasmodic search for perfection and beauty; premiered in competition at the Tallinn Black Nights Film Festival.
• Monica Drama film directed by Andrea Pallaoro, intimate portrait of a woman returning home after 20 years to care for her sick mother; awarded the GLAAD Media Award 2024 for Best Film, Limited Theatrical Release.
• Stranizza d'amuri Feature film directed by Giuseppe Fiorello, freely inspired by a true crime story from Sicily in the early 1980s; co-production with Ibla Film and RAI Cinema, broadcast on Sky Cinema 2.
• Sposa in rosso Comedy film directed by Gianni Costantino starring Sarah Felberbaum, Eduardo Noriega, Massimo Ghini, Anna Galiena, Cristina Donadio, and Maurizio Marchetti.
• Natale con i Puffins Children's Christmas film directed by Francesco Cinquemani featuring Santa Belle as the substitute for Santa Claus.
• Sherlock Santa Christmas mystery film directed by Francesco Cinquemani about Santa's mysterious illness solved by Annabel the elf.
• Diva! Documentary directed by Francesco Patierno exploring the memories and interpretations of Italian cinema and theater diva Valentina Cortese.
• La lucida follia di Marco Ferreri Documentary directed by Anselma Dell'Olio about filmmaker Marco Ferreri; winner of Nastro d'Argento for Best Documentary and David di Donatello for Best Documentary.
• Resilienza Documentary inspired by the story of Alessandro Cavallini who died at age 14 from pediatric cancer.
• That's Amore Television series produced by Fenix Entertainment for Rai 3.
• Film Distribution Theatrical and digital film distribution services including partnerships with Galassia Cinema (200+ theaters in Italy) and Minerva Pictures for international sales.
• Music Distribution Music distribution services through partnerships with The Orchard for international distribution and It's Art platform for exclusive concert content featuring artists like Claudio Baglioni, Emma Marrone, and Fiorella Mannoia.

Quantifiable outcome

• GLAAD Media Award 2024 - Best Film Limited Theatrical Release for 'Monica'
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Partnerships

14 partnerships are on record, tiered major, core and minor.

• Claro ProductionsmajorStrategic or Co-development Partner · 10 October 2023International co-production agreement for 'Here After' directed by Robert Salerno. Film distributed by a major global platform with US star Connie Britton.
• Adrian SextoncoreStrategic or Co-development Partner · 22 September 2023Multi-year strategic agreement for international group development. Focus on 'studio as a service' platform with AI-enhanced production, post-production, and international distribution. Global expansion through media and technology partnerships with focus on AI and new generation IP/talent development.
• Galassia CinemacoreChannel Partner/ Reseller/ Distributor · 4 July 2023Distribution partnership with Galassia Cinema circuit comprising 200+ theaters across Italy with additional 200 in affiliation. Fenix aims to become a reference player in Italian theatrical distribution through this partnership.
• Casa delle VisioniminorStrategic or Co-development Partner · 12 June 2023Development agreement for feature film 'Aditi' with screenplay by 6-time David di Donatello winner Ugo Chiti and co-authors Stefano Lorenzi and Matteo Ferri.
• Epico PlayminorStrategic or Co-development Partner · 26 January 2023Preliminary partnership agreement for creating original sports content. Expands Fenix's content offerings into sports entertainment.
• The OrchardcoreChannel Partner/ Reseller/ Distributor · 25 June 2021Music distribution partnership with The Orchard, a global leader in music content distribution. The partnership enables Fenix Music to distribute its catalog internationally across all major digital platforms.
• Ibla FilmmajorStrategic or Co-development Partner · 16 June 2021Co-production partnership for 'Stranizza D'Amuri' directed by Giuseppe Fiorello. Partnership with RAI Cinema for Italian co-production.
• Minerva PicturesmajorChannel Partner/ Reseller/ Distributor · 11 November 2020International film distribution partnership for selling Fenix productions abroad. Enables Fenix films to reach international markets through Minerva's distribution network.
• RAI CinemamajorChannel Partner/ Reseller/ DistributorItalian public broadcaster and co-production partner for Fenix films including 'Stranizza D'Amuri'.
• Vision DistributionmajorChannel Partner/ Reseller/ DistributorCo-production and distribution partner for films including 'Toilet'. Vision Distribution handles theatrical distribution in Italy.
• Gika ProductionsminorStrategic or Co-development PartnerCo-production partner for 'The Garbage Man' directed by Alfonso Bergamo.
• EuropicturesmajorChannel Partner/ Reseller/ DistributorCo-distribution agreement for three films. Europictures is an established Italian distribution company.
• Friends & Partners / It's ArtmajorChannel Partner/ Reseller/ DistributorPlatform partnership for exclusive content distribution including Claudio Baglioni, Emma Marrone, and Fiorella Mannoia live events on It's Art platform.
• BDOcoreOthersExternal auditor for financial statements and consolidated reports.

Scale indicators5 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Fandango: Long-standing Italian film production and distribution group with theatrical, video-on-demand and TV sales; a structural benchmark for independent Italian producers competing for talent, broadcaster commissions, and theatrical windows.
• Notorious Pictures: Italian independent film producer and distributor also listed on Euronext Growth Milan; very similar business mix of theatrical production and distribution of both Italian and international titles against a comparable small-cap listed structure.
• Leone Film Group: Italian film production and distribution company listed on Euronext Growth Milan; operates a library-driven model producing and distributing Italian films, directly comparable in scale, listing venue, and content focus to Fenix Entertainment.
• Eagle Pictures: Italian film distribution and production company active in theatrical, home video and digital; comparable to Fenix in serving Italian exhibitors, broadcasters and streamers with both local and acquired international content.
• Indigo Film: Italian production company focused on auteur cinema with strong festival credentials; a peer in the festival-premiere, co-production-financing, and art-house distribution segment where Fenix has built its reputation.
• Vision Distribution: Italian theatrical distributor and co-producer already a direct partner to Fenix on films like 'Toilet'; closely overlapping business model of theatrical distribution and Italian film co-investment.
• BIM Distribuzione: Italian independent distributor with theatrical and international sales arms active on auteur and festival titles; competes with Fenix's distribution subsidiary for screen allocation and library deals across Italian cinema chains.
• Lucky Red: Independent Italian film distributor and producer with an arthouse-leaning theatrical and home-entertainment footprint; competes for the same director talent, festival projects, and exhibition slots as Fenix.

Broad incumbents

• Pathé: Major European film production and distribution group with much broader portfolio across cinema, TV and digital; relevant as a larger incumbent sharing the integrated production-distribution model Fenix is trying to scale.
• Warner Bros. Entertainment Italia: Italian arm of a global major studio active in theatrical distribution and co-production; comparable as a much larger incumbent bidding for the same Italian cinema slots, broadcaster deals, and director talent that Fenix targets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/fenix.entertainment.production
• LinkedInlinkedin.com/company/fenix-entertainment
• Instagraminstagram.com/fenix_entertainment

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fenix Entertainment