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David Ayer & Chris Long’s Cedar Park Become Buyers Through Funding Partnership With Raven Capital Management

EXCLUSIVE: David Ayer and Chris Long's production studio Cedar Park Entertainment will take the leap to indie studio status after sealing a partnership with Raven Capital Management. For Ayer — the writer/director of films that include Suicide Squad, The Tax Collector, Bright, Fury, End of Watch and Street Kings – and…

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Open Road Re-Launches With Raven Capital Funding & Return Of Founding CEO Tom Ortenberg; First Release Will Be Liam Neeson-Thriller ‘Honest Thief’

EXCLUSIVE: In a big shot in the arm for the independent distribution game as Virtual Cannes gets underway, Open Road Films is back up and running. Funding is in place from New York-based private equity firm Raven Capital Management. Open Road Films will be led by Raven principal James Masciello with key support from Ma…

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Film

Raven Capital Management Closes $87.5M Acquisition Of Open Road Films

Raven Capital Management said it has completed its $87.5 million purchase of Open Road Films assets, including rights to 45 titles such as the Oscar-winning Spotlight, Chef and End of Watch. The finalizing of the agreement first disclosed in November adds another notable film library to Raven’s collection of assets…

Business

Open Road Sells To Raven Capital Management In Bankruptcy Proceeding

Raven Capital Management, which had offered a stalking-horse bid of $87.5 million for Open Road last month, will take control of the company after no other bidders emerged in the company’s bankruptcy proceeding. The auction in Delaware bankruptcy court originally scheduled for November 7 has been canceled (read the…