Proxima Media was founded by some of Hollywood’s most innovative and disruptive entrepreneurs and executives. Together they have financed, produced or distributed more than 450 films and some of the most successful programs in television history, including such movies as Fast and Furious 3,4,5, and 6, Mama Mia, 300, Girl with a Dragon Tattoo, Hancock, Bridesmaids, Fighter, Limitless and many others.
Proxima’s principals have raised billions of dollars for major studio productions and are a pioneering force in the studio film slate co-financing business, which has grown rapidly since Proxima’s management structured a first-of-its-kind deal for Marvel in 2004, a deal that enabled Marvel to take creative control of its properties, generate unrivaled value, and change the film industry forever.
Previously, Proxima’s affiliated companies entered into deals with each of Universal, Sony, and Warner Brothers to co-finance more than 150 films. Proxima’s principals also had the vision to structure the first studio deal directly with Netflix, cementing Netflix’s transformation from an intermediary / DVD mail order business into the digital distribution behemoth that we know today and helped create the window known as Streaming Video On Demand (SVOD).
Proxima’s principals are part of an active family investment office making investments in technology, biotech, fintech and media. Its past success include Noventis, a fintech payment platform which it helped found and provided a majority of its capital, which recently sold for close to $500 Million; Juno to which it provided seed investment capital and was the largest biotech IPO of 2014 with a sale in 2018 at $10 Billion; Calhoun Vision, creator of a light adjustable interocular lens which recently sold for close to $2.5 Billion; Critical Content which it founded and became one of the largest creators of unscripted television; and Independent Sports Group, one of the largest sports agencies in the United States. In 2019 Proxima invested $28 Million in Triller, a social video platform, and is the controlling shareholder.