Sonar Entertainment Raises $121 Million in Production Financing
Apollo Global Management, Inc. (New) (APO)
Last apollo global management, inc. (new) earnings: 5/1 07:00 am
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Source: Business Wire
New Facility Doubles Capital Available to Partner with Talent in the Development of Premium Content LOS ANGELES--(BUSINESS WIRE)-- Sonar Entertainment (“Sonar” or the “Company”) today announced that it has secured a new production finance facility of $121 million led by MidCap Financial. Sonar is the leading independent television studio with a full suite of capabilities to develop, produce, finance, and distribute premium television content on a worldwide basis. “Sonar has continued to build its position as the leading independent TV studio through new series successes and expansion into kids & family and non-scripted programming,” said Tom Lesinski, CEO, Sonar Entertainment. “Having significant and flexible production financing is core to our ability to meet the needs of our talented partners and create even more opportunities in bringing premium programming to the market. This is parti
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