Magazine article Screen International

Ice Cube, AID Partners Strike Development Pact

Magazine article Screen International

Ice Cube, AID Partners Strike Development Pact

Article excerpt

AID Partners becomes a "significant shareholder", strategic advisor and an investor that will fully fund development of select Cube Vision projects.

Ice Cube and Cube Vision COO Jeffrey Kwatinetz will remain Cube Vision's majority shareholders with complete creative control of material and projects and gain potential access to the Asian market.

Meanwhile AID Partners has the option to expand its investment and relationship.

"My singular goal with Cube Vision is to continue to build a creative company that puts content quality and talent at the heart of every decision," said Cube.

"Kelvin's partnership and new friendship with me and Jeffallow us to do just that. We have a meaningful global financing partner who understands and appreciates how the right funding and creative autonomy will empower us to build a platform to grow together. What is especially exciting to me are the business opportunities in Asia to expand as we realise more success."

"The Cube Vision investment is an ideal platform for AID Partners to realise our belief and strategy in building a better lifestyle by bridging media and entertainment in different global territories," said AID Partners founder and chairman Wu. …

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