The studio, also funded by investors including China-based private equity firm Hony Capital, will target a star-led, mid-budget release portfolio, as well as direct distribution agreements with major cinema chains.
Hollywood producers Robert Simonds and Gigi Pritzker have announced that they intend to launch a next-generation film studio in collaboration with TPG Growth that aims to over $1 billion in new film production over the next five years.
Simonds and TPG Growth, the middle market and growth equity investment platform of TPG have incubated the studio, while Hony Capital, a leading private equity firm in China, is the anchor investor. OddLot Entertainment CEO Gigi Pritzker will provide the studio with…
