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DMG Entertainment's DMG Capital Group To Invest $300 Million In Tech, Entertainment And Media Sectors
BEVERLY HILLS, Calif., May 15, 2017 /PRNewswire/ -- Dan Mintz's DMG Entertainment today announced that its investment arm, DMG Capital Group, will invest $300 million in the entertainment, technology and media sectors.
With offices in Los Angeles and Silicon Valley, DMG Capital Group will partner with top entrepreneurs, operators and complimentary growth or private equity capital firms looking to expand globally, particularly into China's lucrative market. An entertainment powerhouse valued at more than $6 billion, DMG Yinji is publicly listed in China.
"We're committed to partnering with the best and brightest innovators and taking them to the next level as we leverage our strategic insights and experience to help them grow," said Mintz.
DMG Capital Group will focus on immersive media, gaming, licensing, film, television (broadband, pay TV and free TV), ecommerce, mobile and over-the-top as well as software and services tied to media, entertainment and communications industries.
DMG Entertainment boasts a seasoned team of operating and investment executives with deep industry expertise.
About DMG Entertainment
DMG Entertainment is a global media and entertainment company with diverse holdings and operations across motion pictures, television, comic book publishing, gaming, next-gen technology and location-based entertainment. The studio's films include the critically acclaimed sci-fi time travel hit LOOPER and the global blockbuster IRON MAN 3. Later this year, DMG and James Cameron will bring TERMINATOR 2 back to the big screen in an immersive 3D special edition. Other upcoming releases include BASTARDS with Owen Wilson and Ed Helms, John Curran's CHAPPAQUIDDICK and THE PACT Starring Leslie Mann and John Cena.
Headquartered in Beverly Hills, California, DMG Entertainment boasts an impressive roster of world-class intellectual properties including Valiant's comic book universe, featuring more than 2,000 iconic characters; Brandon Sanderson's fictional universe Cosmere, a library of epic fantasies including the complete Mistborn series and The Stormlight Archive: The Way of Kings; Ken Liu's award-winning epic fantasy novel The Grace of Kings; and the original animated character Mini MarilynŽ based on Marilyn Monroe. DMG Entertainment also partnered with Hasbro on the world's first Transformers-themed live-action entertainment project and recently launched DMG VR, a best-in-class immersive entertainment unit dedicated to the fast-growing medium of Virtual Reality. Arcturus is the first incubated company under the DMG VR umbrella. Visit www.dmg-entertainment.com.
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SOURCE DMG Entertainment
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