Elsa Keslassy International CorrespondentParis-based Logical Pictures, a four-year-old company that has financed more than 20 movies including “Revenge,” is launching 21 Content Ventures, an investment fund dedicated to internationally-driven films and series.Set to launch in January, the investment fund will be capped at €100 million ($121.6 million) and is structured as an evergreen fund — meaning it’s an open-ended fund with no termination date, allowing investors to exit 21 Content Ventures or change their investment in the fund.
The portfolio will be valued each year based on the revenues grossed by each title, and investors will receive an annual return of 4%-6% of the portfolio’s worth.
Read more on variety.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.