See-Saw Films Secures $50 Million Financing Partnership with Entourage Ventures
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See-Saw Films, the production company behind 'Slow Horses' and 'The Power of the Dog', has entered a multi-year financing partnership with investment firm Entourage Ventures. The deal will see up to $50 million invested in a slate of feature films over the next three years. See-Saw, recently acquired by Mediawan, will lead creative development and production for the projects.
Facts First
- See-Saw Films signs a multi-year financing deal with investment firm Entourage Ventures.
- Entourage Ventures will invest up to $50 million in equity over three years into a slate of feature films.
- See-Saw will lead creative development and production for the slate, working with its sales arm Cross City Films.
- The company was recently acquired by Mediawan and produces shows like 'Slow Horses' and 'Heartstopper'.
- Entourage Ventures has a similar agreement with Mediawan-owned Our Films to invest in films with Mubi.
What Happened
See-Saw Films has signed a multi-year strategic slate production financing partnership with Paris-based investment firm Entourage Ventures. The agreement commits Entourage Ventures to invest up to $50 million in equity over the next three years into a slate of feature films for See-Saw. See-Saw, which was recently acquired by Mediawan, will lead creative development, packaging, production, and sales for the slate, working with its in-house sales arm Cross City Films. The deal was signed by Simon Gillis on behalf of See-Saw, Hubert Caillard on behalf of Entourage Ventures, and Vincent Lebègue on behalf of Mediawan.
Why this Matters to You
This significant influx of capital into an independent production company means you are likely to see more high-profile films and series from the team behind acclaimed projects like 'The Power of the Dog', 'Slow Horses', and 'Heartstopper'. The partnership could lead to a greater diversity of stories reaching major platforms like Netflix and Apple Original Films, where See-Saw has upcoming releases. For those in the film industry, the deal represents a continued trend of strategic financing partnerships that may provide more stability for creative projects.
What's Next
See-Saw will now begin developing and packaging the slate of feature films funded by this agreement. The company's upcoming releases, such as 'Tenzing' for Apple and 'Heartstopper Forever' for Netflix, will proceed independently of this new financing deal. Entourage Ventures may look to expand its portfolio in the media sector, having recently signed a similar strategic agreement with Mediawan-owned Our Films to invest in films produced in partnership with Mubi.