Great Point Investments is looking to raise £200m for an investment company that will help to finance television and film productions.
Great Point Entertainment Income Trust (GPEIT) will create a portfolio of senior loans used to finance content makers and commissioners in the global television and film production industry, secured against pre-sold intellectual property rights. The counterparties to the senior loans the trust makes will include broadcasters like the BBC, ITV, Sky and Channel 4 in addition to streaming platforms such as Netflix and Amazon Prime Video. IPO market picks up but headwinds remain for small launches GPEIT will aim to provide shareholders with a 6% yield per annum, based on Great Point's ...
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