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Ron Howard’s Imagine receives investment

Empire coproducer Imagine Entertainment has received “a significant investment” from global merchant bank The Raine Group. This will allow LA-based producer Imagine, which Ron Howard and Brain Grazer lead, to move into branded content and digital formats. The money may also be used to finance “organic growth opportunities” and “potential acquisitions”. “With Raine’s investment, Imagine […]

Raine eyes media investment with Freston hire

Global merchant bank The Raine Group has hired former Viacom CEO Tom Freston as its eyes investments in media, entertainment and lifestyle companies. Freston’s hire as a senior advisor came as Raine completed fundraising of its second equity growth fund, Raine Partners II. The round came in at US$850 million, almost double the US$400 million […]