Range Media Partners Secures Growth Capital from Strategic Investment Group

Range Media Partners secures strategic investment
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Range Media Partners secures strategic investment
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Photo Credit: Pepi Stojanovski

Range Media Partners has announced that it has secured a minority investment in the company from a strategic investment group including Liberty Global, Wildcat Capital Management, and Playground Productions.

RMP says it will use the funds to spur growth initiatives and strategic acquisitions. Range recently created a music publishing division and opened Nashville offices in March 2024. In 2021, Range Media Partners inked a global distribution deal with Capitol Music Group (CMG) and Virgin Music & Artist Label Services for their Range Music labels.

As the first-of-its-kind diversified management firm operating in entertainment, sports, music, digital, and more, the growth capital will enable Range to fortify its marketplace position in the United States. Range will also seek to scale in existing and new international territories, while bolstering its unique value proposition across representation and production.

Range Media Partners launched in 2020 and has dramatically expanded to feature one of the most diversified talent rosters across multiple industries. Spanning TV & film, digital, music, sports, and brands—Range has built a dynamic ecosystem around its clients. It provides a full stack of shared services spanning all facets of content production and commerce-based initiatives.

“We founded Range with the express intention to build a multi-vertical, full-service offering, one that extends beyond the traditional business of film & TV representation in order to catapult client careers and ambitions through the broader entertainment & media landscape as well as through technology and diversified ventures,” states Peter Micelli, CEO of Range Media Partners. “We saw the dynamic changes happening, our clients were feeling them through the ripple effect, and we wanted to be more aggressive in how we could advantageously leverage those changes accordingly.”

“Liberty Global, one of the most widely respected industry leaders worldwide, along with Wildcat Capital Management and Playground Productions are ideal strategic partners for Range’s next stage of growth,” adds Jack Whigham, Managing Partner of Range Media Partners.

“We have been very deliberate during this process, wanting to find top-tier, blue-chip partners who have a unique perspective on our industry and are as committed as we are to an innovative long-term strategy to unlock global value for our clients. We are honored to move into this transformative phase with Liberty Global, along with the other first-rate financial sponsors, at our side to continue to meaningfully diversify our business through investment & acquisition.”

The investor group comprised of affiliates of Liberty Global and an investment fund advised by Wildcat Capital Management, as well as Rick Hess, was led by Forest Road Asset Management LLC and accompanied by an investment from Playground Productions.