Electric Entertainment and Content Partners Capital Close $20 Million Financing Deal

Major Financing Deal: Electric Entertainment Secures $20 Million from Content Partners Capital

In a significant development for the entertainment sector, Electric Entertainment, a prominent production and distribution company based in Los Angeles, has announced a substantial financing agreement with Content Partners Capital (CPC). This deal, worth $20 million, aims to bolster Electric Entertainment's growth ambitions and was disclosed during MIPCOM, coinciding with the company’s 25th anniversary celebrations.

Electric Entertainment: A Legacy of Creativity

Founded by Dean Devlin and his associates, Electric Entertainment has established itself as a key player in film and television production. With a robust portfolio of original, high-quality content that captivates audiences worldwide, the company has shaped successful TV franchises over its 25 years in operation. Recent achievements include the production of 36 episodes across three hit television series, with an additional 22 episodes completed in 2024 alone.

Dean Devlin, who serves as CEO, expressed his excitement regarding this investment. "This funding will be critical in allowing us to maintain our trajectory of growth while continuing to produce beloved franchises. We have been fortunate to cultivate a number of successful projects, including 'Leverage', 'The Librarians', and 'The Ark'. The partnership with Content Partners Capital is a promising venture that will benefit both parties immensely,” he stated.

Content Partners Capital: Investing in Creative Industries

This financing agreement illustrates the proactive approach of Content Partners Capital, which is committed to investing in content-driven enterprises within the entertainment space. Launched in April 2024, CPC has quickly made its mark by providing unique capital solutions tailored for the media and entertainment industries. Alphonse Lordo, a partner at CPC, highlighted the significance of this partnership, stating, "Electric Entertainment exemplifies exactly what we seek in studios for investment. Their track record in the independent film and TV realm is commendable, and this deal further positions us as a major player in Hollywood’s financing landscape."

CPC’s investment strategy focuses on empowering independent studios with the resources they need to thrive. Lordo's expertise in corporate and investment banking ensures that CPC remains a vital player in the entertainment finance sector.

The Future of Electric Entertainment

The Chief Financial Officer of Electric, Jeff Gonzalez, also shared his optimism regarding this new partnership. He remarked, "Having known Alphonse for several years, I am excited about working together. His ability to provide capital to growth-oriented companies is crucial for our future, especially as we expand our television series portfolio. The funding will enable us to invest significantly in both existing and new series, ensuring we meet the demands of our expanding audience."

Electric Entertainment has consistently pushed the envelope in entertainment, and this new financial backing can only enhance their capacity to innovate and produce quality content. Together with Content Partners Capital, they aim to redefine the landscape of independent entertainment.

About Electric Entertainment

Headquartered in Los Angeles, Electric Entertainment not only produces television series but is also engaged in the worldwide distribution of its content. The company has gained popularity for franchises such as 'Leverage' and 'The Librarians', in addition to television hits like 'The Ark' and 'Almost Paradise'. Moreover, Electric operates its premium streaming platform and FAST channel, ElectricNOW, offering a diverse range of original content and a collection of third-party films and TV series, boasting extensive availability across various platforms.

The continuing relationship between Electric Entertainment and Content Partners Capital is built on a shared vision for transforming the entertainment industry. As they move forward, both entities are set to make remarkable strides, affirming their positions as leaders in the media landscape.