Mandalay Sports Media Receives Private Equity Investment Support

LOS ANGELES (July 31, 2013) — Mandalay Sports Media (MSM), the sports content and media company founded in 2012 by Peter Guber and Mike Tollin, announced today that it has received a strategic investment from Columbia Capital and Rho Ventures, two leading private-equity firms with significant investments and experience in media and entertainment. As part of the transaction, the investors have acquired a minority equity stake in MSM, and representatives from Columbia and Rho will join MSM’s Board of Directors. Financial terms of the deal were not disclosed. (more…)

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