Kutcher’s Katalyst Films Gets $10 Million Funding
Katalyst Films, the production company run by Kutcher and Jason Goldberg, and creators of “Punk’d”, among other TV shows and movies, has raised about $10 million in venture funding, reports PEHub. The lead investor is Prime Capital. Katalyst has an existing deal with AOL (NYSE: TWX) dating back to Feb 2006, to develop five series of minisodes (though not sure if that ever came to fruition). Also not known: what will the money be used for.
For a profile of Kucther’s company and projects it is working on, see this NYT story from last April.
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Jan 28, 2008 9:23 PM ET
Posted In: Entertainment, Media & Publishing, TV, Money, M&A & Venture Capital, Venture Capital, ashton kutcher, katalyst films, prime capital
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Comments (1)
Jan 20, 2009 10:01 AM
Great!
I know how hard it is to raise funds - match funding is hard enough - so funding for new projects that are not tried and tested are a real gamble.
Hence I suppose you have leaders and followers - Katalyst Media seems to be leading the way in interactivity!
Best of luck ot them!