Portuguese aristocrat, businessman and race car driver Miguel Paes do Amaral has purchased a 10% stake in leading Portuguese media group, Media Capital.
CAA has quietly extended reach into the financing arena on a range of media and showbiz ventures.
Despite a worldwide credit crunch, equity funding is still pouring into the movie business. Media Rights Capital has committed $250 million to fully finance eight films.
More “Media Capital” on Variety.com
Domestic Film DAILY
PROVIDED BY: Box Office
Teenage Mutant Ninja Turtles
Teenage Mutant Ninja Turtles1Daily:$7.6M Cumulative:$79.8M Paramount Pictures 13.49%
Guardians of the Galaxy
Guardians of the Galaxy2Daily:$6.6M Cumulative:$188.5M Disney 23.68%
Into the Storm
Into the Storm3Daily:$2.1M Cumulative:$21.1M Warner Brothers / New Line 21.06%