Welcome to moot magic, where the harsh reality of money meets the fiction of entertainment.

Monday, August 16, 2004

Let the money flow...

As reported in Variety, Graham King's Initial Entertainment Group just pulled down a $210 million credit facility orchestrated by John Miller's JPMorgan entertainment banking group. A positive sign of the times, the facility was larger than what Intial set out to raise due to greater than expected demand. (See article)

For a more detailed history of the game King is pursing, peruse this December 03 Forbe's piece: The Player.

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