Brazil's VOD Content Aggregator Sofa Digital to Launch Film Investment Fund (EXCLUSIVE) - NewsBreak

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By Alexdemarco in Business
Updated 2 years ago

After a record-growth year fueled by pandemic-induced lockdowns, São Paulo-based VOD data and content aggregator Sofa Digital will be launching a Latin American film investment fund, Sofa Capital, on Nov. 9. As the number of streaming platforms proliferate and demand for online content continues to mount across the region, Sofa Digital plans to set up a fund that will enable it to produce 100 Latin American titles a year by 2024. It has also been supporting film distributors in Latin America by co-acquiring films with high theatrical and premium VOD potential.  "Latin America lacks a supply-chain financing infrastructure that enables local filmmakers...

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