Lambert Expands Equity Line Funding for Gravity Collection
January 24, 2013
Lambert Private Equity has expanded its equity line funding for Gravity Collection, an action and outdoor sports television and film programmer, to $100 million. The funding structure is a three-year facility. GCI currently distributes packaged media to over 2.6 million viewers and retailers worldwide, and holds contracts to air films across a variety of channel distribution outlets and digital multi-platforms. The company plans to use the funds to expand its national and global reach with key acquisition, programming, distribution and branding.