SINGAPORE — Australia’s international talent management and production company RGM Holdings is to manage a Singapore-based $100 million media financing facility open to producers worldwide.
The money, raised via the Bank of Ireland, will be used over five years to finance film and TV projects.
The fund will provide up to 20% of a project’s budget, capped at $50 million. All intellectual property rights will be maintained by RGM Holdings.
RGM’s new Singapore headquarters will spearhead its expansion into Asia. It will keep its office in Sydney and also has a base in Los Angeles.
“The Asian regions are among the fastest-growing territories in the world,” said Devesh Chetty, RGM co-chairman. “Singapore is a natural choice for our expansion into Asia given the copyright protection and accessible infrastructure in place. Through the media financing facility, we hope to attract world-class projects to Singapore and the region.”
Established in 1982, RGM is one of the largest talent management companies outside the U.S. representing stars including Cate Blanchett and Anthony LaPaglia.
RGM has expanded into the executive production business, offering the full spectrum of services from financing, production to distribution.