TV

Investment firm and Fashion One ink $14 million financing deal

Fashion One and Hong Kong investment firm Bigfoot Ventures Ltd. have inked a financing deal worth $14 million that will allow the Los Angeles-based fashion entertainment channel to boost its slate of in-house productions, such as reality show Screen Test.
September 8, 2010

Fashion One and Hong Kong investment firm Bigfoot Ventures Ltd. have inked a financing deal worth $14 million that will allow the Los Angeles-based fashion entertainment channel to boost its slate of in-house productions, such as reality show Screen Test, add more satellites in Africa and Latin America and upgrade to high-definition. Bigfoot Ventures has named Edward Bien, the head of its U.S. equity investment portfolio, as a board member for the broadcaster. Prior, he was investment manager for the company’s broadcast/media portfolio in Hong Kong. ‘But beyond distribution, it gives us the freedom to invest more into high-end content productions such as fashion-related casting and reality shows, which have proven to be very popular,’ Fashion One CEO Eric Klein said in a statement.

About The Author
Meagan Kashty is an associate editor of realscreen, an international print and online magazine that covers the non-fiction film and television industries. Meagan is an award-winning business journalist. Prior to joining the realscreen team, Meagan was online editor of Canadian Grocer, named Magazine of the Year at the 2015 Canadian Business Media Awards. She can be reached at mkashty@brunico.com, and you can follow her on Twitter @MegKashty

Menu

Search