Range Media Partners, a NYC-based diversified global talent representation & production firm, secured a minority investment from Verance Capital.
The amount of the deal was not disclosed. Verance joined an investor group comprised of affiliates of Liberty Global and an investment fund advised by Wildcat Capital Management, as well as Rick Hess, which is led by Forest Road Asset Management LLC and accompanied by an investment from Playground Productions. Collectively this new investor group joined existing strategic investors Point72 Ventures and A+E Networks.
The company intends to use the funds to expand operations and its development efforts.
Range Media Partners drives strategic growth and innovation for its clients spanning film, television, music, sports, literary, digital, gaming, activism, business, and brands. It aims to optimize value, diversify & scale opportunities, and build the future of entertainment and culture. From supporting athlete endeavors on and off-field, to developing premium content, to monetizing rights holder assets, Range Sports’s goal is to build an ecosystem for talent, properties, and brands in sports. In collaboration with Range’s television and film studio, it develops scripted and unscripted projects while also advising clients on commercial rights, media/content distribution, brand partnerships, and business development/incubation.
FinSMEs
14/08/2024