The venture capital funding world has entered a new sector ? this is the always changing sector of Sports and Entertainment. Investments in the entertainment world have been around for a few years already, like the enormous $100 Million investment in the Da Vinci Code film in 2005. And (in a humoristic way) if we remember the book the Godfather, also there we can find an investment in the famous singer Johnny Fontane, a godson of Corleone?s, who has come from Hollywood to ask the Godfather?s help in getting a movie role that will revitalize his flagging career. Jack Woltz, the head of the studio, will not give Fontane the part, but Don Corleone (The Godfather) explains to Johnny: I?m gonna make him an offer he can?t refuse.
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Venture Capital Investments in Sports and Entertainment
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Source: http://www.business4noobs.com/venture-capital-investments-in-sports-and-entertainment/
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