By Zeba Blay, huffingtonpost.com
Charles D. King’s multi-platform media company MACRO is continuing its mission to bring better representation to Hollywood.
King, a former partner at the Hollywood agency WME and founder and CEO of MACRO, announced on Tuesday that his company has raised an additional $150 million in financing to produce four to six television and film projects ― annually. Companies including the Emerson Collective, Ford Foundation, the W.K. Kellogg Foundation and The Libra Foundation contributed to the financing.
MACRO, launched in 2015, is a multi-media company that produces movies, TV shows, and online digital content, with an eye towards diversity. The studio is behind Denzel Washington’s Oscar-nominated film “Fences,” as well as director Dee Rees’s upcoming drama “Mudbound.”