Entertainment 360 Receives Strategic Investment from Carlyle
Entertainment 360, a leading talent management company, has announced receiving its first-ever outside investment from Carlyle (NASDAQ: CG). The strategic investment aims to support Entertainment 360's growth ambitions while maintaining its current board and leadership structure.
Founded in 2002, Entertainment 360 provides professional management services to actors, writers, directors, and showrunners, along with in-house development and production capabilities. The company's existing management emphasized that clients remain their primary focus, viewing the partnership as a means to deliver enhanced results in an evolving entertainment landscape.
Carlyle, which manages $447 billion in assets as of September 30, 2024, has deployed over $14 billion into sports, media, and entertainment sectors since 2017. Their Global Credit platform manages $194 billion in assets. The Raine Group and Venable LLP served as advisors for the transaction.
Entertainment 360, una delle principali società di gestione talenti, ha annunciato di aver ricevuto il suo primo investimento esterno da Carlyle (NASDAQ: CG). L'investimento strategico ha l'obiettivo di supportare le ambizioni di crescita di Entertainment 360 mantenendo attuale la sua struttura di consiglio e leadership.
Fondata nel 2002, Entertainment 360 offre servizi di gestione professionale a attori, scrittori, registi e showrunner, insieme a capacita di sviluppo e produzione interne. La direzione esistente della società ha sottolineato che i clienti rimangono la loro principale priorità, vedendo la partnership come un mezzo per fornire risultati migliori in un panorama dell'intrattenimento in evoluzione.
Carlyle, che gestisce 447 miliardi di dollari in attivi al 30 settembre 2024, ha investito oltre 14 miliardi di dollari nei settori sportivo, media e intrattenimento dal 2017. La loro piattaforma di credito globale gestisce 194 miliardi di dollari in attivi. The Raine Group e Venable LLP hanno svolto il ruolo di consulenti per la transazione.
Entertainment 360, una de las principales compañías de gestión de talentos, ha anunciado la recepción de su primera inversión externa de Carlyle (NASDAQ: CG). La inversión estratégica tiene como objetivo apoyar las ambiciones de crecimiento de Entertainment 360 mientras mantiene su actual estructura de dirección y consejo.
Fundada en 2002, Entertainment 360 proporciona servicios de gestión profesional a actores, guionistas, directores y productores, junto con capacidades de desarrollo y producción internas. La dirección actual de la compañía enfatizó que los clientes siguen siendo su principal enfoque, viendo la asociación como un medio para ofrecer resultados mejorados en un panorama del entretenimiento en evolución.
Carlyle, que gestiona 447 mil millones de dólares en activos hasta el 30 de septiembre de 2024, ha invertido más de 14 mil millones de dólares en los sectores de deportes, medios y entretenimiento desde 2017. Su plataforma de crédito global gestiona 194 mil millones de dólares en activos. The Raine Group y Venable LLP actuaron como asesores para la transacción.
Entertainment 360는 주요 인재 관리 회사로, Carlyle(NASDAQ: CG)로부터 최초의 외부 투자를 받았다고 발표했습니다. 이 전략적 투자는 Entertainment 360의 성장 욕구를 지원하는 동시에 현재의 이사회 및 리더십 구조를 유지하는 것을 목표로 합니다.
2002년에 설립된 Entertainment 360은 배우, 작가, 감독 및 쇼 러너에 대한 전문 관리 서비스를 제공하며, 내부 개발 및 제작 능력을 갖추고 있습니다. 회사의 기존 경영진은 고객이 가장 중요한 초점이라고 강조하며, 파트너십을 변화하는 엔터테인먼트 환경에서 향상된 결과를 제공하는 수단으로 보고 있습니다.
2024년 9월 30일 기준으로 4470억 달러의 자산을 관리하는 Carlyle은 2017년 이후 스포츠, 미디어 및 엔터테인먼트 분야에 140억 달러 이상을 투자했습니다. 그들의 글로벌 신용 플랫폼은 1940억 달러의 자산을 관리합니다. The Raine Group과 Venable LLP가 거래의 자문 역할을 수행했습니다.
Entertainment 360, une société de gestion de talents de premier plan, a annoncé avoir reçu son premier investissement externe de Carlyle (NASDAQ: CG). Cet investissement stratégique vise à soutenir les ambitions de croissance d'Entertainment 360 tout en maintenant sa structure actuelle de conseil et de direction.
Fondée en 2002, Entertainment 360 fournit des services de gestion professionnels aux acteurs, écrivains, réalisateurs et showrunners, ainsi que des capacités de développement et de production en interne. La direction actuelle de l'entreprise a souligné que les clients restent leur principale préoccupation, considérant le partenariat comme un moyen de fournir des résultats améliorés dans un paysage de divertissement en constante évolution.
Carlyle, qui gère 447 milliards de dollars d'actifs au 30 septembre 2024, a investi plus de 14 milliards de dollars dans les secteurs du sport, des médias et du divertissement depuis 2017. Leur plateforme de crédit mondial gère 194 milliards de dollars d'actifs. The Raine Group et Venable LLP ont agi en tant que conseillers pour la transaction.
Entertainment 360, ein führendes Talentmanagement-Unternehmen, hat bekannt gegeben, dass es seine erste externe Investition von Carlyle (NASDAQ: CG) erhalten hat. Die strategische Investition zielt darauf ab, die Wachstumsambitionen von Entertainment 360 zu unterstützen und gleichzeitig die aktuelle Vorstands- und Führungsstruktur beizubehalten.
Gegründet im Jahr 2002 bietet Entertainment 360 professionelle Managementdienste für Schauspieler, Autoren, Regisseure und Showrunner sowie interne Entwicklungs- und Produktionsfähigkeiten an. Das bestehende Management des Unternehmens betonte, dass die Kunden nach wie vor ihr Hauptaugenmerk sind und die Partnerschaft als Mittel zur Bereitstellung verbesserter Ergebnisse in einer sich wandelnden Unterhaltungslandschaft sieht.
Carlyle, das zum 30. September 2024 447 Milliarden Dollar an Vermögenswerten verwaltet, hat seit 2017 über 14 Milliarden Dollar in die Bereiche Sport, Medien und Unterhaltung investiert. Ihre globale Kreditplattform verwaltet 194 Milliarden Dollar an Vermögenswerten. The Raine Group und Venable LLP fungierten als Berater für die Transaktion.
- First strategic investment in Entertainment 360's 22-year history, indicating potential for growth expansion
- Partnership with Carlyle, a major investment firm with $447 billion AUM
- Maintains existing management structure and operational control
- None.
Insights
This strategic investment in Entertainment 360 marks a significant move for Carlyle (CG), demonstrating their continued conviction in the entertainment sector's growth potential. The deal structure, coming from Carlyle's Credit Opportunities team, suggests a debt-based investment approach, likely offering more favorable terms for Entertainment 360 while maintaining their operational independence.
The timing is particularly strategic given the entertainment industry's rapid evolution. Content creation and talent management are increasingly valuable assets in a market where streaming platforms and traditional media companies compete aggressively for top-tier talent and compelling content. Entertainment 360's dual focus on talent management and content production positions them uniquely in this landscape.
For Carlyle, this investment aligns perfectly with their larger media and entertainment strategy, where they've deployed
The retention of Entertainment 360's current board and leadership structure is crucial, as it maintains the relationships and expertise that drive the company's success. This approach mirrors successful investments in other talent-driven businesses where maintaining culture and operational autonomy has proven critical.
Looking at Carlyle's broader portfolio strategy, this investment complements their existing media holdings and could create synergistic opportunities across their entertainment investments. The deal also demonstrates Carlyle's ability to identify and secure partnerships with well-established, privately-held companies in attractive growth sectors.
This strategic investment will support Entertainment 360's growth ambitions in the industry. 360's current board and leadership will remain intact, continuing to oversee all elements of day-to-day management of the company.
In an email sent to staff announcing the deal, the board of Entertainment 360 hailed the partnership's benefits for the firm's clients and productions. "Our clients are at the center of everything we do – and they always will be," they wrote. "This investment will support our company as we work to continue delivering dynamic results for our clients in a rapidly changing entertainment landscape.
"As a company, we have always strived to be the best of the best – and, in Carlyle, we have found a partner who is the embodiment of excellence. Carlyle's reputation and accomplishments speak for themselves, but we were also thrilled to find, in their leadership, a group who share our values and who recognize that the future of entertainment will be shaped by entrepreneurial talent provided opportunities to take the kinds of creative risks that result in impactful content."
Ben Fund, Managing Director – Partner on Carlyle's Credit Opportunities team, said: "We are excited to partner with Entertainment 360 as it enters its next phase of growth. The 360 team has a long-standing track record of working with top talent in the industry and we believe there are significant opportunities for the team to expand their position as a leading talent management organization."
Since 2017, Carlyle has deployed more than
The Raine Group and Venable LLP acted as advisors to Entertainment 360 on the transaction.
About Entertainment 360:
Founded in 2002, Entertainment 360 is one of the world's premier talent and literary management companies. It provides its select roster of actors, writers, directors, and showrunners with long-term professional management, access to a robust in-house development and production team, and support for licensing, endorsements and business development. The firm's film and television production arm develops, packages and produces a wide variety of acclaimed projects, many of which are based on original ideas generated inside the company, while others draw from outside material that 360 executives found and acquired.
About Carlyle:
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With
View original content to download multimedia:https://www.prnewswire.com/news-releases/entertainment-360-receives-strategic-investment-from-carlyle-302363887.html
SOURCE Entertainment 360
FAQ
What is the value of Carlyle's investment in Entertainment 360?
How much has Carlyle (CG) invested in sports, media, and entertainment since 2017?
Will Entertainment 360's management change after Carlyle's (CG) investment?
What is Carlyle's (CG) total assets under management as of September 2024?
Who advised Entertainment 360 on the Carlyle (CG) investment transaction?
