Zinc Media Group, the UK factual producer that houses indies behind shows like Inside Europe: 10 Years Of Turmoil, has secured £3.5M ($4.6M) of investment in a City fundraising round.
Zinc raised the cash through a new share issue, which was supported by existing investors, including the company’s biggest shareholder, Herald Investment Management.
The funds will be used to invest in talent at Zinc’s production companies — which include bluechip factual producers Brook Lapping, Blakeway and Films Of Record — new technology, and the group’s out-of-London push.
Zinc CEO Mark Browning said: “As well as strengthening our TV footprint in the UK, we are also securing more U.S. commissions, so need to invest further behind this growth. We have a fantastic senior creative team and this additional funding will help us extend that team even further. There is no better time for us to be investing in our creative growth.
Zinc raised the cash through a new share issue, which was supported by existing investors, including the company’s biggest shareholder, Herald Investment Management.
The funds will be used to invest in talent at Zinc’s production companies — which include bluechip factual producers Brook Lapping, Blakeway and Films Of Record — new technology, and the group’s out-of-London push.
Zinc CEO Mark Browning said: “As well as strengthening our TV footprint in the UK, we are also securing more U.S. commissions, so need to invest further behind this growth. We have a fantastic senior creative team and this additional funding will help us extend that team even further. There is no better time for us to be investing in our creative growth.
- 1/17/2020
- by Jake Kanter
- Deadline Film + TV
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