(Bloomberg) -- Paramount Vantage, a unit of Viacom
Inc.'s Paramount Pictures Corp., is seeking investors for a $150
million fund to help finance movies including Babel, starring
Brad Pitt, and A Mighty Heart featuring Angelina Jolie.
The fund will pay investors a return from revenue such as
box office receipts, merchandising and pay-TV contracts generated
from films made or distributed by Los Angeles-based Paramount
Vantage over the next two years, according to a person familiar
with the deal. Morgan Stanley will arrange sales of bonds or
loans to finance the fund, the person said, who declined to be
identified because the deal is private.
Read more at Bloomberg Bonds News
Inc.'s Paramount Pictures Corp., is seeking investors for a $150
million fund to help finance movies including Babel, starring
Brad Pitt, and A Mighty Heart featuring Angelina Jolie.
The fund will pay investors a return from revenue such as
box office receipts, merchandising and pay-TV contracts generated
from films made or distributed by Los Angeles-based Paramount
Vantage over the next two years, according to a person familiar
with the deal. Morgan Stanley will arrange sales of bonds or
loans to finance the fund, the person said, who declined to be
identified because the deal is private.
Read more at Bloomberg Bonds News
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