Mandalay Sports Media Receives Strategic Investment
Summary
Mandalay Sports Media (MSM), a Los Angeles, CA-based sports content and media company, received a strategic investment from Columbia Capital and Rho Ventures.As part of the deal, the investors have acquired a minority equity stake in MSM, and representatives from Columbia and Rho will join MSM’s Board of Directors.Founded in 2012 by Peter Guber and Mike Tollin, MSM creates sports-themed programming for all platforms and creates, acquires and invests in businesses and assets across the sports content and media landscape.Since its founding it has produced content for ESPN, Turner Sports, Legendary Entertainment, and AOL, with numerous projects in development with major television, digital, feature film and sports entities.Athlete representation agency CAA Sports participated in the formation of MSM.