Announced
Completed
Financials
Tags
television studio
Acquisition
Radio and TV Broadcasters
Completed
Private
United States
Minority
Private Equity
Synopsis
The Raine Group, a global merchant bank focused exclusively on technology, media and telecommunications, invested in Propagate Content, an independent TV studio. Financial terms were not disclosed. The investment will be used by Propagate to accelerate the company's growth globally through the launch of innovative new ventures and targeted acquisitions, further cementing its reputation as a transformational content studio.
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