Under the new partnership, Ingenious will cover 50% of the equity investment required to fund each picture produced and financed by AGC as well as providing additional debt financing.
Part of AGC Capital, AGC Studios is a new content creation and global licensing studio recently launched by IM Global founder and former CEO Stuart Ford.
The fast growing AGC announced the hiring of Academy Award® winning film producer Greg Shapiro as its head of film in March. Ingenious Media has also made a string of senior appointments in recent months, including Will Harrison, previously Chief Commercial Officer for the Harry Potter Franchise Group at Warner Bros, as Managing Director and film finance veteran, Peter Touche, as Head of Film.
Peter Touche brokered the co-financing deal with AGC Studios COO Miguel Palos.