MNM Creative contributed to a the $150m in debt and equity raised by Macro, which will use it to fund the production of four to six television and movie projects a year.
US-based multi-platform media production company Macro raised $150m in combined equity and debt financing yesterday from investors including entertainment company MNM Creative and business development firm Medialink.
The round also featured impact investment firms Ford Foundation, WK Kellogg Foundation and Libra Foundation, as well as venture capital fund Emerson Collective, assorted angel investors and undisclosed strategic backers.
The credit facility was arranged by financial services firm Bank of America Merrill Lynch, though Macro did not reveal individual figures for the…
