“Colorcreative, the Management and Production Co-FOUNDED BY ACTRESS AND Writer Issa Rae, is Planning to Significanti Expand ITS Business, Backed by the Investment Firm Harbourvieves. RAE IS SET TO ANNUNCE OF THE DEAL at the Cannes Lions Festival Tuesday. Terms of the Deal Were Not Disclosed, But The Companies Say That ColorCreative Has Global”, – WRITE: www.hollywoodReporter.com
RAE IS SET TO ANNUNCE OF THE DEAL at the Cannes Lions Festival Tuesday.
Terms of the Deal Were Not Disclosed, But The Companies Say That ColorCreative Has Global Ambitions, and Will Use The Investment to “Expand Itent RepreSentation and Production Capabilites Ownership of Original Content. ” Colorcreative also Says that it doubbled it revenue from 2023 to 2024 despite the Ongoing Industry Headwinds.
“We Built colorcreative to be a home for Visionary Talent and Distinct, Multifaceted Stories,” SAID Issa RAE. “Partnering with Harbourview Allows US to Dream Even Bigger, While Staying True to Our Mission of Helming and Supporting The Kinds of Projects that Made US Fall in Love With StoryTeling.
Colorcreative Was Founded in 2014 by Issa Rae, Deniese Davis and Talitha Watkins, and Seeks to Provide Opportunities for Underrepreceded Crets Across ACOS The First Projects Under the New Structure Will Go Into Production Early Next Year.
“COLORCRACTIVE HAS PROVEN THAT BOLD, CREATIVELY-DRIVEN CONTENT-ESPECILY Stories Rooted in Black Culture-Has The Power to CAPTIPTIENCES WORLDWIDE Harbourview. “Issa, Deniese and Talitha have Created A Blueprint for Global Storytelling Success, and We’re Excited To Partner with Them As They Scale Their Next Chapter.”
“This Partnership Marks A DEFINING MOMENT IN COLORCREATIVE’S JURNEY,” SAID Talitha Watkins, CO-FOUNDER AND President of Colorcreative. “We’ve always believed that holy Driven Content Canno be Commercially Powerful. With Harbourview’s Partnership, We Belve We Have The Resources and Reasons and Reason. Compromising the Creative Integrity that defines us. ”
Harbourview Was launched in 2021 to pursue investments and acquisitions in the Entertainment, Sports, and Media. The Company have been Active in the Music Space, Acquiring Catalogs and Other Assets from the Likes of T-Pain, Pat Benatar, Kane Brown, Luis Fonsi, James Fauntleroy, Ann Wiz. Last month it inked a deal for Royalty Rights to Grammy-Winning Producer-Songwriter Rodney “Darkchild” Jerkins.