Raj Singh and Italy’s RP1 Holding Launch €100 Million Film Fund to Boost Country’s Struggling Indie Ecosystem

CEO of Media Capital Technologies Raj Singh and Italy’s RP1 Holding, an Italian group comprising companies specializing in alternative finance, are launching an innovative €100 million ($112 million) fund to finance audiovisual productions and film distribution in Italy.

The One Media Capital Fund, as it is called, was unveiled on Tuesday during the Rome MIA Market‘s new European Investment Hub, which aims to help European industry professionals navigate the wide range of financial tools — in both the soft money and equity financing spheres — that are currently at their disposal.

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The One Media Capital Fund will target Italian and international film and TV production companies that shoot in Italy, supporting their operations, the development of new projects and providing guidance to their growth trajectories. It will also finance Italian film distribution companies that need to cash flow their investments.

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According to Italy’s TV producers’ association APA, the value of Italian content production in Italy exceeds €2.24 billion ($2.5 billion) annually. But within the country’s fragmented landscape, film and TV production companies require significant liquidity throughout all stages of production, while cash from the country’s tax credits and regional soft money funds are received on…