'Lady Macbeth' and 'The Party' financier Great Point Media, based in London, has secured a $100 million investment from MC Credit Partners for film and TV projects. Details:
Great Point Media, the London-based financing, sales and distribution banner behind titles such as Florence Pugh's breakout, has secured a $100 million investment from U.S. institutional fund manager MC Credit Partners.
Funds managed by MCCP will invest up to $100 million in the partnership, and Great Point has already committed a minimum of $80 million. It represents the first institutional investment for Great Point’s global project finance fund and will be used to finance larger-scale media projects. "Since 2013, Great Point Media has produced, financed and distributed more than $600m of content and financed over 170 projects," said Great Point chairman Robert Halmi. "This commitment from MCCP is recognition of how far we have come and a welcome sign that larger institutions are seeing the investment opportunity within the TV and film sector. We expect this fund to grow significantly in the coming months.
Added Ashok Nayyar, chief investment officer at MCCP: "This is an exciting investment for us. We find growing markets and back top management in the most attractive sectors in those markets. The global film and TV business is growing exponentially, with demand for quality content far outstripping supply. Great Point has a top team, has demonstrated significant insight into the industry, and has a proven track record for backing winning projects.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Great Point Media Teams With MC Credit Partners on New $100 Million Film and TV FundGreat Point Media is launching a new $100 million content fund that it will use to invest in film and TV projects. The U.K. company has partnered with U.S.-based institutional investor MC Credit Pa…
Weiterlesen »
Great Point Media Partners With U.S. Outfit MC Credit Partners On Film & TV FundUK sales and finance outfit Great Point Media has partnered with U.S. fund manager MC Credit Partners on a new initiative to finance film and TV projects. According to the two firms, funds managed …
Weiterlesen »
Paris-sized pumice stone heading for great barrier reef traced back to 'severe' volcano eruptionEnormous pumice raft was first spotted in the waters of Tonga in August.
Weiterlesen »
Former Strictly winner Jill Halfpenny talks great chemistry between Anton du Beke and Emma BartonFormer Strictly winner Jill Halfpenny appeared on It Takes Two on Tuesday where she opened up about the undeniable chemistry between Anton du Beke and Emma Barton
Weiterlesen »