FilmHedge Closes $100 Million in Debt Financing to Lend for Movie, TV Production
Matt Donnelly Senior Film WriterFinancial tech operation FilmHedge has closed on $100M in debt financing, Variety has learned.The Atlanta-based company offers short-term loans for film, television and other media productions — as well as products that track production spending in real-time and automate performance reports for content investors. FilmHedge has helped fund 14 feature productions thus far, including the sci-fi thriller “Beyond Skyline” starring Frank Grillo.Private credit firm Coromandel Capital provided $50 million, as did another another undisclosed firm earlier this year.