Great Point Media Teams With Mc Credit Partners on New Film and TV Finance Initiative

Britain’s Great Point Media is partnering with U.S.-based institutional investor Mc Credit Partners on a finance initiative to fund new film and TV projects. London-based Great Point has committed $80 million to the initiative, and McCp will invest up to $100 million from the funds under its management.

The first films and TV shows to benefit will be announced early in 2020, Great Point CEO Jim Reeve told Variety. “We hope to build on this with other prospective investors,” he said. “We will be financing new, larger independent films, and TV. Broadly the fund means we can do more, and also gives us the capability to do bigger projects.”

The deal with McCp was more than a year in the making, and is part of Great Point’s wider investment strategy. The company is an investor in a new New York studio facility under construction, which will have Lionsgate as its anchor tenant,
See full article at Variety - Film News »

Similar News

Recently Viewed