Peace Arch raises $3.75 million in IPO

Money to fund TV projects, pay down debt, Gamble sez

VANCOUVER — Launched Thursday on the American Stock Exchange, Peace Arch Entertainment raised $3.75 million in the initial public offering for its expanding television slate here.

Subsid Sugar Entertainment is shooting “First Wave,” a 22-episode, hourlong drama series for USA Network’s Sci-Fi channel exec produced by Francis Ford Coppola and Larry Sugar, and “So Weird,” a children’s half-hour sci-fi series, in its second season of 26 episodes for the Disney channel, exec produced by Larry Sugar and Henry Winkler.

PAE president Tim Gamble told Daily Variety that the money will be used to fund TV projects and pay down debt.

PAE, formerly Vidatron Entertainment Group, was previously listed only on the Toronto Stock Exchange.

More Biz

  • Music Streaming Revenue placeholder

    Check's In the Mail: Sony Music Disburses $750 Million to Artists in 'Spotify Windfall' (EXCLUSIVE)

    VANCOUVER — Launched Thursday on the American Stock Exchange, Peace Arch Entertainment raised $3.75 million in the initial public offering for its expanding television slate here. Subsid Sugar Entertainment is shooting “First Wave,” a 22-episode, hourlong drama series for USA Network’s Sci-Fi channel exec produced by Francis Ford Coppola and Larry Sugar, and “So Weird,” […]

  • Aretha Franklin - American Soul Singer

    Aretha Franklin Funeral, Public Viewing Plans Announced

    VANCOUVER — Launched Thursday on the American Stock Exchange, Peace Arch Entertainment raised $3.75 million in the initial public offering for its expanding television slate here. Subsid Sugar Entertainment is shooting “First Wave,” a 22-episode, hourlong drama series for USA Network’s Sci-Fi channel exec produced by Francis Ford Coppola and Larry Sugar, and “So Weird,” […]

  • Stan Lee

    Judge Grants Restraining Order to Protect Stan Lee

    VANCOUVER — Launched Thursday on the American Stock Exchange, Peace Arch Entertainment raised $3.75 million in the initial public offering for its expanding television slate here. Subsid Sugar Entertainment is shooting “First Wave,” a 22-episode, hourlong drama series for USA Network’s Sci-Fi channel exec produced by Francis Ford Coppola and Larry Sugar, and “So Weird,” […]

  • Prince Rogers Nelson

    Prince Estate and Sony Release 23 Long-Unavailable Albums Digitally

    VANCOUVER — Launched Thursday on the American Stock Exchange, Peace Arch Entertainment raised $3.75 million in the initial public offering for its expanding television slate here. Subsid Sugar Entertainment is shooting “First Wave,” a 22-episode, hourlong drama series for USA Network’s Sci-Fi channel exec produced by Francis Ford Coppola and Larry Sugar, and “So Weird,” […]

  • Rosie O'Donnell, Frankie Shaw, David Nevins,

    Showtime Takes Boutique Approach Amid Intense Competition for Talent, Premium TV Viewers

    VANCOUVER — Launched Thursday on the American Stock Exchange, Peace Arch Entertainment raised $3.75 million in the initial public offering for its expanding television slate here. Subsid Sugar Entertainment is shooting “First Wave,” a 22-episode, hourlong drama series for USA Network’s Sci-Fi channel exec produced by Francis Ford Coppola and Larry Sugar, and “So Weird,” […]

  • Ryan Kavanaugh

    Relativity Media Sale to UltraV Holdings Approved by Bankruptcy Judge

    VANCOUVER — Launched Thursday on the American Stock Exchange, Peace Arch Entertainment raised $3.75 million in the initial public offering for its expanding television slate here. Subsid Sugar Entertainment is shooting “First Wave,” a 22-episode, hourlong drama series for USA Network’s Sci-Fi channel exec produced by Francis Ford Coppola and Larry Sugar, and “So Weird,” […]

  • Music Streaming Revenue placeholder

    Fraud Has Become the Latest Hurdle for Music Streaming

    VANCOUVER — Launched Thursday on the American Stock Exchange, Peace Arch Entertainment raised $3.75 million in the initial public offering for its expanding television slate here. Subsid Sugar Entertainment is shooting “First Wave,” a 22-episode, hourlong drama series for USA Network’s Sci-Fi channel exec produced by Francis Ford Coppola and Larry Sugar, and “So Weird,” […]

More From Our Brands

Access exclusive content