FilmHedge Founders Drive Film Financing At Davos

FilmHedge, a leading fintech platform that specializes in film and television financing, recently achieved a milestone by participating in the World Economic Forum (WEF) held in Davos, Switzerland. The co-founders, Jon Gosier and Mickey Vetter, took this opportunity to interact with institutional investors and leaders from the finance and entertainment industries. Their goal was to promote collaboration and to lobby for increased industry adoption of film and television financing as a viable and profitable asset class.

Recently, media production lending had come to be classified as an innovative investment avenue, which institutional stakeholders became interested in more and more. FilmHedge had been the leader in this phenomenon, successfully underwriting in excess of 20 projects and agreeing to investments of over $200 million. At Davos, the company's leadership could build a good case for the potential of this asset class by explaining it as the ability to deliver returns but mitigate risks.

According to Jon Gosier, CEO of FilmHedge, the interest exhibited by institutional investors in media production lending is increasing. "Film and television finance is an emerging asset class that institutional investors want to better understand," Gosier said. Our conversations at Davos have demonstrated that there's even more interest than expected," he said. "The kind of enthusiasm being shown by the investment community speaks volumes about the growth in recognition of the entertainment industry's economic and cultural impact."

This platform provided a great opportunity for FilmHedge to connect with a diverse range of stakeholders, which includes institutional investors, family offices, and production houses. Discussions focused on creative finance products and, of course, the vital importance of Film Tax incentives for film in terms of stimulation of economic growth within the industry. In short, using this incentive to 'de-risk' investments for a more stable, predictable environment to finance filmmakers at FilmHedge is the ultimate aim. The company's presence at Davos served to solidify its reputation as a pioneer in this space and as a trusted partner for investors seeking exposure to the entertainment industry.

Co-founder Mickey Vetter echoed Gosier's sentiments, highlighting the importance of advancing media production lending as a recognized and respected investment category. "We are derisking TV and film financing for institutional investors," Vetter noted. "Jon and I are excited to be at the World Economic Forum advocating the industry. Advancing education around media production lending as an asset class is imperative to all our stakeholders." This commitment to education and advocacy reflects FilmHedge's broader mission of bridging the gap between the entertainment and financial sectors.

In addition to the benefits of media production lending, FilmHedge's efforts also align with the broader economic and social goals. The platform facilitates access to capital for filmmakers and production companies, not only driving the creation of new content but also job creation and economic growth in communities where productions take place. This aligns with the themes of sustainability and development central to the World Economic Forum's agenda.

The importance of FilmHedge's presence at Davos goes beyond the immediate business goals. It is a part of a larger change in how the financial world views the entertainment industry. Once considered a niche or high-risk sector, the film and television industry is now being recognized for its ability to provide consistent returns when supported by innovative financing models and robust risk mitigation strategies.

As FilmHedge expands its footprint, the company's leadership continues to focus on building trust and fostering collaboration across industries. By bringing together institutional investors, production houses, and other stakeholders, FilmHedge aims to create a more interconnected and resilient ecosystem for film and television financing. The insights and connections gained at Davos are expected to play a pivotal role in shaping the company's strategic direction and accelerating its growth in the years to come.

In FilmHedge's successful journey lies its testimony about change through innovation and collaboration. For taking part in World Economic Forum activities, it had not only reached the point closer to accomplishing its mission but also opened new avenues toward understanding the greater need for dialogue relating to the potential the creative industry creates in building economy and further advancing social interests of the same country. It therefore is seen in more promising and great times, moving forward.