Mediabiz expands debt financing
Montreal-based Mediabiz International Group has expanded its financing ability for senior and mezzanine debt financing for its film and TV productions.
The newly created Mediabiz Capital Fund, backed by private investors, a pension fund and debt financing, aims to deploy $100m in debt over the first two years.
The Mediabiz Group is active both in financing through Mediabiz Capital and in production through its Mediamax and Toonz Global divisions. Toonz Global is a joint venture with Singapore-based Toonz Entertainment.
Arnie Messer [pictured] of Phoenix Pictures has also joined Mediabaz Capital’s investment committee. Patricia Jackson, formerly of Future Films and Royal Bank Of Scotland is co-head of Mediabiz Capital in addition to sitting on the investment committee.
Mediabiz Capital focuses on providing financial products for the entertainment industry, including gap, bridge and guaranteed revenues financing.