Gold Tree Secures $1B In Financing From Malka Group For Film, TV & Animation Slates

deadline.com:

EXCLUSIVE: Gold Tree, the parent company of Gold Tree Studios, has secured $1 billion in financing from Malka Group for its film, television and animation slates.

Led by Gold Tree CEO and founder Tim Chonacas, the company will expand soundstages, equipment rentals and post-production services in key tax-incentivized states to support its ongoing commitment to producing content across multiple platforms while offering world-class studio facilities.  “We’re incredibly grateful to Malka for their belief in our vision,” Chonacas said. “This financing will allow us to expand our studio footprint in other states and territories and keep developing innovative projects across film, TV and animation.

We’re excited to give back to our community and bring film jobs back to LA as well.” Said Malka Group CEO Moses Gross: “Malka’s recognizes the strengths of partnering with Tim Chonacas, Gold Tree which exemplifies the agile, innovative spirit of independent production.

We believe the company leverages a balanced ecosystem that drives creative breakthroughs and sustainable growth.” The first Gold Tree projects under the new fund are in pre-production, including the TV series Blown and the horror film Final Trip, produced under its subsidiary Old Tree Films.