Range Media Partners Secures Growth Capital From Liberty Global, TPG Chair David Bonderman and Others
variety.comKatcy Stephan Liberty Global and the family office run by TPG chairman David Bonderman have made a minority investment in Range Media Partners as the management and production firm brings in new capital to drive growth initiatives and strategic acquisitions.
The investment will help the four-year-old Range solidify its operations in the U.S. while allowing it to grow in new markets.
Financial details of the investment were not disclosed. Since its launch in late summer of 2020, Range has sought to build a busy management firm and content development operation spanning TV, film, digital, music, sports and brands.
Its initial partners included Steven A. Cohen’s Point72 Ventures and A+E Networks. Over the past year, Range solidified its film activities by merging with the busy production company Automatik, revved up growth at Range Sports including acquiring companies and expertise in the areas of media rights, athlete marketing and golf.
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