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
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.