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Film Studio A24 Valued At $3.5 Billion After Thrive Capital-Led Funding Round—The Company's Latest Success [Forbes]

Comcast Corporation - Class A (CMCSA)  More Company Research Source: Forbes
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
investment round led by billionaire Thrive Capital founder Josh Kushner that reportedly now values the company at $3.5 billion. A24 is known for its arthouse movies that have dominated awards season in recent years. (Photo by ... [+] Eric Charbonneau/Getty Images for A24) Thrive Capital invested $75 million into the studio, in addition to more support from existing investors, which brought the company's valuation to $3.5 billion, according to , citing unnamed sources. The valuation reportedly marks a 40% increase over its previous in 2022, when a $225 million equity investment valued the company at $2.5 billion. As part of the investment, Kushner—who is the brother of former President Donald Trump's son-in-law Jared Kushner and the husband to model Karlie Kloss—will join A24's board of directors. in a statement to several news outlets it looks forward to “growing our support of groundbreaking storytellers and helping their voices reach audiences around the world” following t [Read more]
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Stockreport

Film Studio A24 Valued At $3.5 Billion After Thrive Capital-Led Funding Round—The Company's Latest Success [Forbes]

Comcast Corporation - Class A  (CMCSA) 
More Company Research Source: Forbes
Last comcast corporation - class a earnings: 4/30 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: cmcsa.com/investors
investment round led by billionaire Thrive Capital founder Josh Kushner that reportedly now values the company at $3.5 billion. A24 is known for its arthouse movies that have dominated awards season in recent years. (Photo by ... [+] Eric Charbonneau/Getty Images for A24) Thrive Capital invested $75 million into the studio, in addition to more support from existing investors, which brought the company's valuation to $3.5 billion, according to , citing unnamed sources. The valuation reportedly marks a 40% increase over its previous in 2022, when a $225 million equity investment valued the company at $2.5 billion. As part of the investment, Kushner—who is the brother of former President Donald Trump's son-in-law Jared Kushner and the husband to model Karlie Kloss—will join A24's board of directors. in a statement to several news outlets it looks forward to “growing our support of groundbreaking storytellers and helping their voices reach audiences around the world” following t [Read more]
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