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JPMorgan to invest $200 million in entertainment sector
Posted: 04.12.2007

JPMorgan Chase & Co. (JPM) reported on Monday that it plans to invest $200 million of its own capital in the entertainment industry.

The investment bank said it will use subordinated debt "to invest in a broad range of opportunities, including film and television financings, content acquisitions, new industry ventures, and traditional and digital media start- ups" to complement its entertainment advisory and banking business.

 



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