Shamrock Capital Growth Fund, part of Roy Disney's investment vehicle
Shamrock Holdings, is investing $50m in Beverly Hills-based digital
3-D system manufacturer Real D.
The deal gives Shamrock Holdings a minority stake in Real D, which has
equipped more than 700 screens in 14 countries and is expected to be
in more than 1,000 screens by the end of the year. However the parties
did not disclose how much of a stake the agreement would bring
Shamrock, nor did they reveal any other details.
The financing round from Shamrock Capital Growth Fund is the latest
boon for the fast-growing Real D, which earlier this month announced
it had acquired Colorado-based photonics-based solutions inventor and
supplier ColorLink, and is a leader in the digital 3-D arena.
'The Shamrock Capital Growth Fund looks for exceptional opportunities
among key domestic media, entertainment and communications companies,'
Shamrock Capital Growth Fund managing director Stephen D Royer said.
'The 3-D market is at a point of explosive growth, with the rapid
adoption of Real D's technology by leading theatre owners combined
with a strong commitment from the studios and an expanding pipeline of
3-D content in production.
'We believe that REAL D, as an industry leader, will continue its
successful brand expansion, and we look forward to facilitating their
continued success in energising the 3-D marketplace,' Royer added.
'We are delighted with this partnership and the significant investment
from Shamrock,' Real D chairman and chief executive officer Michael
Lewis said. 'Their support will be instrumental in Real D's
exponential growth.
'Shamrock's confidence in our platform and business model is a clear
message to the industry and consumers that next-generation 3-D is
already here and is becoming increasingly available at movie theaters
and cineplexes in the US and worldwide.'
Shamrock Holdings, is investing $50m in Beverly Hills-based digital
3-D system manufacturer Real D.
The deal gives Shamrock Holdings a minority stake in Real D, which has
equipped more than 700 screens in 14 countries and is expected to be
in more than 1,000 screens by the end of the year. However the parties
did not disclose how much of a stake the agreement would bring
Shamrock, nor did they reveal any other details.
The financing round from Shamrock Capital Growth Fund is the latest
boon for the fast-growing Real D, which earlier this month announced
it had acquired Colorado-based photonics-based solutions inventor and
supplier ColorLink, and is a leader in the digital 3-D arena.
'The Shamrock Capital Growth Fund looks for exceptional opportunities
among key domestic media, entertainment and communications companies,'
Shamrock Capital Growth Fund managing director Stephen D Royer said.
'The 3-D market is at a point of explosive growth, with the rapid
adoption of Real D's technology by leading theatre owners combined
with a strong commitment from the studios and an expanding pipeline of
3-D content in production.
'We believe that REAL D, as an industry leader, will continue its
successful brand expansion, and we look forward to facilitating their
continued success in energising the 3-D marketplace,' Royer added.
'We are delighted with this partnership and the significant investment
from Shamrock,' Real D chairman and chief executive officer Michael
Lewis said. 'Their support will be instrumental in Real D's
exponential growth.
'Shamrock's confidence in our platform and business model is a clear
message to the industry and consumers that next-generation 3-D is
already here and is becoming increasingly available at movie theaters
and cineplexes in the US and worldwide.'
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