VFX Group Cinesite Unveils New $235 Million Financing Package To Fuel Ongoing Expansion
Fast growing, London-based VFX and animation studio group Cinesite said today it's clinched a $235 million funding package as it continues to expand. The firm's longtime bankers NatWest Securities …
Cinesite announced the deal with Assemblage last month. This was Cinesite's first venture into Asia. It announced deals with Squeeze, the animation house behind Marvel's series What If ...?. Antony Hunt, Cinesite CEO, stated that the company is now 'well positioned with significant opportunities for capitalising on increasing demand by Hollywood studios and production companies as well as streaming services.' "We are proud to support the sector and we are thrilled to arrange this package of financing for the Cinesite group," said David Munoz from NatWest's tech, media, and telecom banking. Get Deadline Breaking News Alerts to keep your inbox happy.