Bain Capital pioneered private equity catalog acquisitions in Hollywood.

Evidence

Again, Bain Capital was the pioneer in this strategy, acquiring LIVE Entertainment, a home video distributor, back in 1997. Later named Artisan Entertainment, it grew its library from twenty-five hundred titles to seven thousand through acquisitions of the rights of Hallmark Entertainment and Republic Entertainment, among others. It also added to its catalog by producing films like the smash hit The Blair Witch Project (Eduardo Sánchez and Daniel Myrick, 1999). — Andrew deWaard, Derivative Media, 296

Categorization

  • XREF: The Blair Witch Project crossover — a catalog-filler produced by a PE-owned library — is exactly the kind of concrete finance-to-text nexus the reader wants to trace.
  • SHARE: Send to anyone interested in private equity’s Hollywood footprint: Bain’s role in Artisan’s catalog growth, Blair Witch bundled in.