€100m One Media Capital Fund Launched for Italian Film and TV
Media Capital Technologies and RP1 Holding unveiled the fund at the Rome MIA Market to back productions shooting in Italy and local distributors.
Media Capital Technologies, led by Raj Singh, and Italian alternative finance group RP1 Holding have launched the One Media Capital Fund, a €100 million ($112 million) vehicle to finance audiovisual production and film distribution in Italy, according to Variety. The fund was unveiled on Tuesday at the Rome MIA Market's new European Investment Hub.
The fund will target Italian and international film and TV production companies that shoot in Italy, as well as Italian film distribution companies that need to cash flow investments.
RP1 Holding is headed by Mauro Martani, a former CFO of Wildside. The Italian group has previously supported Italian and international productions including Conclave, Emily in Paris, House of Gucci and The Equalizer 3.
According to Italy's TV producers' association APA, the value of Italian content production in the country exceeds €2.24 billion ($2.5 billion) annually.
Quick answers
How large is the One Media Capital Fund?
The fund is worth €100 million ($112 million).
Who launched the fund?
It is a partnership between Raj Singh's Media Capital Technologies and Italy's RP1 Holding, headed by Mauro Martani.
What will the fund finance?
Italian and international film and TV production companies shooting in Italy, and Italian film distribution companies that need to cash flow investments.