Exclusive: Anonymous Content CEO says firm is open to outside investment
Anonymous Content, the independent production studio behind Oscar-winning hits like "Spotlight" and "The Revenant," is open to raising private capital from third-party investors, president and CEO Darren Walker told Axios on stage at its annual Media Trends Live event in New York City on Tuesday. Why it matters: New funding would expand its backing beyond its primary investor, Laurene Powell Jobs' Emerson Collective, and could empower it to better compete for premium projects as it expands internationally. What he's saying: Asked whether Anonymous Content would consider outside investment, Walker said there's "no doubt" that the studio would be open to it.He said, however, "much of the capital in the market today, certainly in Hollywood, is private equity" and that kind of investor wouldn't be a candidate.Walker explained that PE investors want to "get your money back and get that alpha return, and clients are happy and we get rich."But Anonymous and Emerson "have a very long-term strategy for capital renewal, for return on investment, and so our horizon is not the usual three- to five-year horizon," he said.Catch up quick: Anonymous Content was founded in 1999 by the late Steve G…