Secret Cinema unveils major acquisition funding
Immersive moviegoing company Secret Cinema was acquired by TodayTix Group for a nine-figure sum, giving the brand the funds it needs to expand overseas and build permanent theater locations.
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Night Capital hunts for the next internet superstar
MrBeast’s manager, Reed Duchscher, and investment firm The Chernin Group are joining forces on Night Capital — an investment firm to back e-commerce companies with digital influencers at the helm.
Doodles mints a massive investment
Despite losing value in the midst of a crypto winter, the Doodles NFT project has scored $54 million in funding to scale both its character roster and media presence.
Stability AI imagines a billion-dollar valuation
Stability AI, the developer behind popular AI-art generator Stable Diffusion, is in the process of raising $100 million from investors, which could greatly expand the company’s various ambitions with its tech.
Kim Kardashian styles a new private equity firm
Kim Kardashian and Carlyle Group veteran Jay Sammons are joining forces to launch a private equity firm called SKKY.
Life Extension Ventures wants to pay its way to a long life
Life Extension Ventures is putting together a $100 million fund to… well… extend life.
a16z writes a check for Adam Neumann’s real estate comeback
VC firm Andreessen Horowitz (a16z) has ponied up a huge check for WeWork founder Adam Neumann and his new community-driven apartment rental platform, Flow.
UTA bulks up with private equity investment to compete in bigness
UTA’s new funding infusion from private equity firm EQT Partners will give the agency the fuel to scale in an effort to compete with CAA and WME.
Private equity parks money in Hollywood despite recession ripples
In just over a year, P.E. firms have poured money into the ambitions of veteran execs to form production powerhouses that can make scripted and unscripted content for the dozens of streamers in need of new projects.
Private equity takes Hollywood, Cannes, and everything in between
Private equity (PE) firms are turning up at Cannes as it looks to the film and TV industry as the next investment goldmine.