Also that initial 1 billion round is just dumb dumb money. Honestly one of the worst things you can do to a early stage startup. Just remove all the breaks and any chance for pivots, it's full steam ahead!
The amount they raised is reasonable if the goal is to create a few flagship shows and dozens of less-expensive ones. They went for A+ film/TV talent and actually managed to close deals with some of them.
The amount they raised is reasonable if the goal is to create a few flagship shows and dozens of less-expensive ones. They went for A+ film/TV talent and actually managed to close deals with some of them.