Magazine article Screen International

MACRO Secures $150M Cash Raise

Magazine article Screen International

MACRO Secures $150M Cash Raise

Article excerpt

Charles D. King’s producer-financier MACRO - the company behind awards hopefuls Mudbound and Roman J. Israel, Esq - has raised an additional $150m in equity and debt to produce four to six film and TV projects a year.

Charles D. King’s producer-financier MACRO - the company behind awards hopefuls Mudbound and Roman J. Israel, Esq - has raised an additional $150m in equity and debt to produce four to six film and TV projects a year.

The equity component includes financing from existing investor Emerson Collective, as well as Ford Foundation, the W.K. Kellogg Foundation and The Libra Foundation.

MACRO’s other existing investors include Shanghai/Hong Kong-based MNM Creative, MediaLink, Raymond J. McGuire of Citigroup, Anre D. Williams of American Express, and other strategic investors from Wall Street, Silicon Valley and the corporate world.

The company also closed what it called a “substantial” credit facility arranged by Bank of America Merrill Lynch. The raise follows the initial round in 2015 for an unspecified eight-figure sum

“With MACRO going into its third year, we have seen the initial seeds we planted come to fruition both commercially and critically,” King said. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.