Peter Shiao’s Orb Media Secures Falcon Funding

Peter Shiao Orb Media Funding
John Shearer/Getty Images

HONG KONG – Peter Shiao’s Asian-American production and finance company, Orb Media Group has secured an investment from Falcon Partner Holdings, part of private equity group Falcon Investment Advisors.

Falcon partner Rafe Fogel has joined Orb’s board of directors. The value of the deal was not disclosed.

“Falcon is an ideal partner for us on many fronts. We are already benefitting from Falcon’s expertise in operating successful global entertainment companies and large structured film finance facilities. These are both critical success factors for ORB as we move quickly to launch our platform in 2015,” said Shiao.

Orb, which last year set up Beijing-based affiliate Ironpond, is developing an East-West cinematic universe that includes adaptations based on the popular martial arts fantasy novels written by Peter Shiao’s father Shiao Yi.

“We feel that there is large underserved market for fantasy and sci-fi films steeped in martial arts style and transformational philosophies,” said Shiao.

Orb’s other strategic partners in Orb include Endgame Entertainment and the Strategic Bang Group of China.

Falcon, which has some $1.6 billion under management, has previously invested in Legendary Pictures, Village Roadshow Pictures and Relativity Media.

Orb says its projects “will be differentiated in the highly competitive Chinese marketplace by their scale and ambition while being very accessible to non-Chinese audiences around the world by their story telling and style.” It last year announced $40 million English language project, “The Legend of 18,” in partnership with China’s LeVision Pictures.

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