David Fannon Britain tv video film broadway David Fannon Britain

Chicken Soup For The Soul Entertainment & UK’s Great Point Team On Acquisition Fund

Reading now: 742
deadline.com

Tom Grater International Film ReporterChicken Soup for the Soul Entertainment’s subsidiary Screen Media Ventures is teaming with UK outfit Great Point Media on a film acquisition facility that the companies say will be initially funded to $10M.Great Point is providing 100% of the funds and Chicken Soup’s chief exec William J.

Rouhana Jr said the deal would allow it to accelerate its content acquisitions activity, adding that it would continue to use a “capital efficient, lower-risk approach” to buying content.“This financing allows us to build on our momentum in delivering higher-profile movies and TV series at a significantly lower cost of capital,” added David Fannon, president of Screen Media.

Read more on deadline.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA