Fremantle has taken a minority stake in independent developer Artists, Writers & Artisans Inc.
The company co-led an investment round with James Murdoch’s Lupa Systems alongside new capital from long-term backers of Awa and a “number of strategic individual investors with expertise in production, finance, sports, human rights and technology.” In addition to Lupa Systems, other Awa backers include Lightspeed Venture Partners and Sister.
Awa Studios, Awa’s film and TV arm helmed by Hollywood veteran Zach Studin, will benefit from Fremantle’s strategic input and investment, while also “unlocking the specialist expertise of the global content powerhouse, its infrastructure and its renowned international distribution footprint,” the companies said in a joint release on Tuesday.
The size of Fremantle’s stake was not disclosed.
Also Read:
‘All Quiet on the Western Front’ Filmmaker Edward Berger Sets First-Look Deal With Fremantle
The investment builds upon Fremantle and Awa’s partnership forged...
The company co-led an investment round with James Murdoch’s Lupa Systems alongside new capital from long-term backers of Awa and a “number of strategic individual investors with expertise in production, finance, sports, human rights and technology.” In addition to Lupa Systems, other Awa backers include Lightspeed Venture Partners and Sister.
Awa Studios, Awa’s film and TV arm helmed by Hollywood veteran Zach Studin, will benefit from Fremantle’s strategic input and investment, while also “unlocking the specialist expertise of the global content powerhouse, its infrastructure and its renowned international distribution footprint,” the companies said in a joint release on Tuesday.
The size of Fremantle’s stake was not disclosed.
Also Read:
‘All Quiet on the Western Front’ Filmmaker Edward Berger Sets First-Look Deal With Fremantle
The investment builds upon Fremantle and Awa’s partnership forged...
- 2/14/2023
- by Lucas Manfredi
- The Wrap
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