BondIt Media Capital
Overview
BondIt Media Capital is a renowned media financing firm founded in 2013, headquartered in Santa Monica, California. The company was co-founded by Matthew Helderman and Luke Taylor, and it specializes in providing financial solutions across film, television, and media projects. Since its inception, BondIt has deployed over $500 million into more than 450 projects globally. Its notable productions include 'Loving Vincent,' 'Midway,' and 'The Peanut Butter Falcon.' As of recent developments, the company secured significant financing facilities to expand its operations further.
Recent Developments
- October 2024: BondIt Media Capital effectively supported the distribution of "Terrifier 3," a notable horror film, thanks to a financing partnership with Cineverse. This collaboration emphasized BondIt's capability to handle large projects and was instrumental in securing the North American distribution rights for "Terrifier 3," following a successful production completion in April 2024.
- July 2024: BondIt expanded its financial muscle by closing a $60 million credit facility with the Keystone National Group, with an option to increase it to $100 million. This deal followed a similar arrangement that played a pivotal role in the firm's growth over the previous years.
- June 2024: The company collaborated with Accord Financial Corp., which further bolstered BondIt's operational capacity with strategic funding initiatives.
- May 2024: BondIt partnered with Netflix to finance "Woman of the Hour," directed by Anna Kendrick, marking yet another high-profile project under its belt.
- As of late 2023, following industry disturbances from the SAG and WGA strikes, BondIt maneuvered through these challenges, securing investments and maintaining its reputation for high-quality media financing.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | 2013 |
| Headquarters | Santa Monica, CA |
| Founders | Matthew Helderman, Luke Taylor |
| Revenue | Unspecified |
| Profits | Unspecified |
| Key Investors | Accord Financial, Keystone National Group |
| Industry | Media Financing |
| Number of Employees | Approximately 9 |
Early History
BondIt Media Capital was founded in 2013 by Matthew Helderman and Luke Taylor in Santa Monica, California. Initially, the company focused on providing flexible financial solutions to the media industry, facilitating the production and distribution of various films, television series, and other media ventures. Its early journey was marked by rapid growth, securing key partnerships and accumulating over $500 million in investments for more than 450 projects. The firm established a reputation for financing critically acclaimed projects such as 'Loving Vincent' and collaborative efforts with notable studios and streaming platforms.
Company Profile and Achievements
BondIt Media Capital primarily functions as a media financier, providing solutions such as loans, working capital, advances, and tax credit financing to media and entertainment firms. Its business model leverages strategic alliances with various hedge funds and financial institutions to facilitate expansive media funding. BondIt has contributed to numerous successful film projects, including:
- 'Terrifier 3' (2024): Collaborated in financing, securing domestic distribution.
- 'Woman of the Hour': A partnership with Netflix for a directorial debut by Anna Kendrick.
- 'Street Gang: How We Got to Sesame Street': Garnered Emmy recognition as a financed project.
The firm’s achievements include financing projects that not only achieve significant box office success but also earn critical acclaim, such as 'Loving Vincent' and the Indie Spirit Award-winning 'The Peanut Butter Falcon.'
Current Operations and Market Position
Currently, BondIt Media Capital stands as a vital player in the media financing industry, supporting large-scale projects and leveraging its financial networks to provide ample funding for diverse media productions. Its ability to secure significant credit facilities, such as the recent $60 million deal with Keystone National Group, underscores its robustness in navigating financial avenues for the entertainment sector. The company’s strategic co-productions and investments reflect its strong market presence and adaptability, which are crucial in the fluctuating landscape of film and television production.
Conclusion
BondIt Media Capital has cemented itself as a formidable financier in the global media market, recognized for its strategic investments and partnerships that have propelled various successful media projects. As it continues to expand its credit facilities and collaboration with key industry players, BondIt is poised to broaden its impact, supporting innovative projects and adapting to industry changes. Its potential future trajectory indicates an enduring influence in media financing, capitalizing on diverse opportunities to further its footprint in global entertainment production.