JPMorgan fortifies Entertainment unit with $200m warchest

By 2007-12-03T23:36:00

JPMorgan is stepping up its involvement in Hollywood with a commitment to invest $200m of its own capital in film and entertainment projects.The New York-based bank, which late last year arranged $225m in production and distribution funding for start-up Overture Films, said it will use subordinated debt for investments such ...

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