Ketchup Entertainment has secured a $100 million P&A financial facility with Capstone Point Holdings to raise its game with theatrical releases.
The upstart indie distributor attracted attention when it acquired from Warner Bros. Pictures the worldwide rights to Coyote vs. Acme, the live action/animation film canceled by the studio for a tax write-off, and the Looney Tunes animation film The Day The Earth Blew Up as part of a wider purge by studio head David Zaslav.
With deals to bring iconic Looney Tunes characters to the big screen following high-profile acquisition deals with Warner Bros. Discovery, Ketchup is signaling with its new P&A credit line that it is looking at still bigger titles to release as a more amibitious theatrical distributor.
“This is about scale and execution. We’ve built a model that works. Now we’re scaling it properly. With this partnership, we have the ability to open films, support them with real campaigns, and compete at a higher level across the market,” said Gareth West, CEO of Ketchup Entertainment.
The new credit line will support multiple releases to open at the local multiplex as, for its part, Capstone enters the P&A film arena. “Capstone Point’s confidence in Ketchup’s disciplined approach to P&A deployment and scalable theatrical performance makes them the perfect partner for investment in film and entertainment,” a spokesperson for Capstone added.
Ketchup was founded in 2012 by West, Artur Galstian and Vahan Yepremyan, and recent releases include Memory, starring Jessica Chastain and Peter Sarsgaard, and Goodrich, led by Michael Keaton.
Ketchup recently struck a deal with V10 Entertainment to shop the pay 1 window and downstream rights to select titles, including Coyote vs. Acme, which stars John Cena and Will Forte and is slated for a wide August 2026 release, and Rolling Loud, a hip hop festival-set comedy starring Owen Wilson and Matt Rife.
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