Los Angeles/Toronto – BLUEPRINT ENTERTAINMENT, a leading creator, producer and financier of filmed entertainment announced today that Robert Lantos and Jeff Sagansky have made a multi-million dollar strategic investment in the Company. BLUEPRINT plans to use the proceeds to help continue its global expansion and significantly grow its volume of production.
“Blueprint has made huge strides over the past five years to solidify its position as a creator, producer and financier of high quality programming,” said John Morayniss (co founder of BLUEPRINT). “This investment in BLUEPRINT is strategically significant for the company’s future growth and it validates the efforts we’ve made to make BLUEPRINT the thriving independent studio it is today. With this equity infusion, coupled with the extensive experience of Robert and Jeff, we intend to move to the next level very quickly, by substantially expanding into new arenas and doing what we’ve always done but on a much larger scale.
“I have worked closely with John Morayniss and Noreen Halpern in the past at Alliance. They are talented and strategic executives and I welcome the opportunity to work together again,” said Robert Lantos. “BLUEPRINT has a unique business model and a creative strategy that dovetails with it. Under the stewardship of Morayniss and Halpern, I believe the company will quickly evolve into a leading supplier of quality content to broadcasters everywhere.”
"The BLUEPRINT team has taken the company to an annual revenue of close to $100 million, making it one of the largest independents in Los Angeles. With this investment, they intend to create a fully integrated television production and distribution company that can supply a broad range of television entertainment including series, animation and movies," said Jeff Sagansky.
With the announcement, BLUEPRINT’s co-founders John Morayniss, will assume the role of Chairman & CEO and Noreen Halpern will serve as President, overseeing development and production.
Robert Lantos founded and built Canada’s leading film and television company Alliance Communications which he took public in 1993 and sold in 1998. Since then he has concentrated exclusively on producing motion pictures through his company Serendipity Point Films.
Jeff Sagansky comes to the table with a string of high-powered entertainment positions behind him including CEO of Paxson Communications, Co-President of Sony Pictures Entertainment, President of CBS and President of Tri-Star Pictures. He is a lead investor in entertainment companies including Peach Arch Entertainment, Contentfilm and Winchester Capital, as well as the Chairman of Elm Tree Gaming.
Terms of the investment are not being disclosed.
