U.S. Wayfarer Entertainment establishes $25 mln content fund

01/31/2019 3:04:00 PM (GMT)

U.S. media studio operator Wayfarer Entertainment has set up a $25 million content fund dedicated to premium, cause-driven entertainment.

The company is holding discussions to unveil a studio to oversee the fund’s projects and is currently seeking a studio head.

Wayfarer Entertainment said that through the establishment of the content fund, it is setting out to advance its mission into the realm of premium television content.

Recently, Wayfarer divested a majority equity stake of the company at a $10 million valuation to 4S Bay’s affiliate SG Wayfarer, LLC.

Wayfarer Entertainment

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