Comunidad Filmin, S.L.

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Comunidad Filmin, S.L. - overview

Established

2007

Location

Barcelona, -, Spain

Primary Industry

Media

About

Comunidad Filmin, S. L. is a Spanish company that operates an online platform for streaming independent films, documentaries, and series, catering to cinephiles with a curated selection of cinematic content. Founded in 2007 in Barcelona, Spain, Comunidad Filmin, S.


L. provides a subscription-based video-on-demand service. The company underwent a pivotal change in ownership in November 2020 when Nazca Capital acquired a majority stake from Metropolitan Filmexport SAS and Vertigo Films Ltd. The CEO is Juan Tous, and the founder is Jaume Ripoll, who has a background in film distribution and management.


Filmin operates as a comprehensive online platform providing a diverse range of cinematic content, including films, series, and short films. The company's core offering revolves around a subscription-based video-on-demand service, which allows users to stream a wide selection of independent films, documentaries, and international cinema. By focusing on critical and niche titles, Filmin aims to enhance the viewing experience for cinephiles who seek alternatives to mainstream offerings. The platform is accessible in multiple geographical markets, particularly in Spain and Portugal, catering to audiences who appreciate a curated selection of content that reflects diverse storytelling.


Filmin's user base primarily consists of individual subscribers who value quality over quantity and are looking for unique cinematic experiences, often enhanced by personalized recommendations and thematic collections. Filmin generated revenue of USD 24. 48 mn in the most recent fiscal year in 2023, with an EBITDA of USD 3. 85 mn.


The company primarily relies on its subscription model, allowing users to access its extensive library of film and television content through flexible monthly or annual plans. These plans often include promotional rates for new subscribers and bundled offers, contributing significantly to its revenue stream. Comunidad Filmin, S. L.


plans to leverage recent investments from Nazca Capital and Seaya Ventures to enhance its platform and expand into new markets. The company aims to introduce new products and features designed to improve user engagement by mid-2022. Additionally, it is focusing on expanding its presence beyond Spain and Portugal to other European markets, with specific initiatives expected to launch by the end of 2024. The partnership with Nazca Capital is expected to provide expertise in developing growth projects and subscription business models, while Seaya Ventures will contribute technological insights and international expansion strategies.


Current Investors

Nazca Capital, Seaya Ventures

Primary Industry

Media

Sub Industries

Television & Film, Digital Media

Website

www.filmin.es

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Comunidad Filmin, S.L. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedComunidad Filmin, S.L.-

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