U.K. production company Zig Zag has established a Special Purpose Vehicle (SPV) for new film, TV and sports entertainment properties with Seventy7 Ventures.
The SPV has targeted a £20 million fund to support a pipeline of scripted, unscripted, and sports-led entertainment formats. Each greenlit project will be structured through a subsidiary SPV. Seventy7 Ventures will lead all capital-raising activity, with Zig Zag providing production and operational services.
Projects that Zig Zag brings into the SPV will carry a six-month exclusive financing option. If not financed within that window, Zig Zag can extend the term or reassign the project and introduce replacements.
Ketan Makwana, executive chairman of Seventy7 Ventures, said:
“This SPV gives investors a transparent, disciplined route into content financing, backed by a strong slate and a proven production partner. We’re building a platform engineered for commercial outcomes.”
Danny Fenton, CEO of Zig Zag Productions, added: “We at Zig Zag are excited to work with Seventy7 and its partners in exploring new ways of program financing in an ever-evolving market place, we think the model Ketan offers has great viability and rewards for the investment community and producers alike.”
