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Charles King’s Macro Sets $150 Million in New Financing - HollywoodResource.org
Diversity and Inclusion, Film and Television/Streaming

Charles King’s Macro Sets $150 Million in New Financing

Macro, media company behind projects such as ‘Mudbound,’ ‘Fences,’ and blavity.com, recently raised $150 million for new film and TV projects:

Charles King’s Macro, the production banner behind “Fences” and “Mudbound,” has raised another $150 million to help finance an annual slate of four to six film and TV projects.

The debt and equity financing comes from Emerson Collective, the investment venture headed by Laurene Powell Jobs, who was already a backer of Macro; as well as the Ford Foundation, W.K. Kellogg Foundation, and Libra Foundation. The new coin follows an initial eight-figure round of investment that Macro had at its launch in January 2015.”

Read the full story here.

(Source: Variety.com)

Originally published: 10/3/17

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