First deal for RDF’s IGNITE
24th October, 2007
Ignite, an RDF Media Group initiative targeted at emerging UK based businesses involved in the creation and exploitation of audiovisual content, is delighted to announce its first investment.
Ignite will offer a package of capital investment plus optional support services to independent production company Blast! Films and in return RDF will become a minority shareholder, leaving the existing Managing Director Ed Coulthard in control. In is hoped that Blast! Films will be able to benefit from RDF’s proven track record in developing companies from small beginnings to valuable industry players. Sue Oriel, Investment Director, Ignite has joined the board of Blast! Films.
Sue Oriel, Investment Director IGNITE, said:
‘If you had a wish-list of ideal companies for Ignite to invest in, Blast! would be right up at the top there; a highly respected company, stuffed full of talent with real film-making credentials and looking for some capital to boost the growth of the business - it’s exactly the kind of business Ignite was designed to support. I am thrilled we are working with Ed and his terrific team”
| Enquiries |
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| Alice Robertson, Group Head of Marketing & Publicity |
020 7013 4368 |
| RDF Media Group |
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| www.rdfmedia.com |
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