Oscar-Winning Producers $30M in Black Film Bet
PositiveFinancial Markets

David Steward II, the founder of Lion Forge Entertainment, is making waves in the film industry with a $30 million investment aimed at producing more black films. This move highlights the company's evolution from comic book publishing to creating award-winning content like 'Hair Love' and the new animated series 'Iyanu.' Edward Hamati, a key figure at Steward Trust, emphasizes the importance of maintaining ownership in distribution deals, which is crucial for empowering black filmmakers and ensuring their stories are told authentically. This investment not only supports diverse storytelling but also signals a growing recognition of the value of black narratives in mainstream media.
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