Macro, the multiplatform media company founded by former WME partner and agent Charles D. King, revealed today that it has closed its first round of funding. It scored financing from lead investor Emerson Collective, MNM Creative and others including Raymond McGuire, Global Head of Corporate and Investment Banking at Citigroup and a Macro advisory board member; tech entrepreneur-investor Justin Yoshimura; and Michael Kane, Managing Director of the LA-based private equity firm Caltius Capital.
“I couldn’t be more thrilled with this incredible group of partners and investors,” said Macro founder and CEO King, who exited WME in January to launch the holding company. “Among them, they represent some of the most boundary-pushing, innovative thinkers and leaders in their respective fields of technology, finance and media. … Their endorsement enables Macro to create universally themed premium content for the African American, Latino and multicultural market, which has been vastly underserved for too long.”
Los Angeles-based Macro has lined up projects from filmmakers Ryan Coogler (Creed, Fruitvale Station) and Craig Brewer (Hustle & Flow) that will be announced later.