CANNES: Worldview Entertainment Gains $200 Million Infusion (EXCLUSIVE)

Worldview Entertainment

Worldview Entertainment has secured an additional $200 million in new capital that will bring the film production and financing company’s equity and debt financing total to close to $350 million, the company announced May 19.

Founded in 2007 by CEO Christopher Woodrow, Worldview secured a $100 million equity infusion from existing and new investors, including Sagamore Pictures, owned by Kevin Plank, the founder and CEO of sports apparel company Under Armour, and Black Pearl Media, an affiliate of Switzerland-based investment company Black Pearl Capital.

Worldview is in negotiations with a group of entertainment banks to provide a $100 million revolving credit facility.

Worldview’s upcoming slate includes “The Search,” the Cannes in-competition drama directed by Michel Hazanavicius; Alejandro Gonzalez Inarritu’s comedy “Birdman,” starring Michael Keaton; and Eli Roth’s horror pic “The Green Inferno.” It recently struck a five-year deal with the Weinstein Co.

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