Wiip
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Wiip - overview
Established
2018
Location
Los Angeles, CA, US
Primary Industry
Media
About
Wiip Productions, LLC, based in Los Angeles, is a creative studio that empowers artists to produce distinctive content for various platforms. The company focuses on original programming and film production, facilitating innovative storytelling. Founded in 2018 in Los Angeles, US, Wiip Productions, LLC specializes in content creation for the entertainment industry. The company was established to bring fresh narratives to audiences and has engaged in three known deals, with the most recent deal occurring on July 25, 2022.
The company has no reported subsidiaries or parent companies. Wiip specializes in providing a platform that empowers artists and creators to produce innovative content across various mediums. The core offerings include original programming, film production, and content development services, aimed at facilitating the creative process and helping artists realize their visions. Collaborating with a diverse range of talent, Wiip addresses the needs of both creators and audiences to ensure compelling narratives and high-quality productions reach the market.
The company serves a broad client base, including production companies, streaming services, and traditional broadcasters, enabling them to access fresh and unique content tailored to modern consumption trends, primarily in North America and select international markets. Wiip generates revenue through partnerships and direct collaborations with various stakeholders in the entertainment industry. The company engages in B2B transactions where content is developed for specific clients, such as streaming platforms and networks, often structured around project-based agreements. Pricing arrangements can differ based on project scope and scale, typically involving upfront fees for development and potential revenue-sharing models upon distribution.
The company’s flagship projects are designed to attract viewer engagement, driving revenue through licensing agreements and distribution rights, while maintaining a focus on producing original content to capture both immediate project profits and long-term licensing opportunities. In July 2022, Atwater Capital invested in Wiip Productions, LLC, with financial terms undisclosed. The company aims to leverage this recent funding to develop new projects and expand its offerings. Wiip is actively exploring new markets, particularly focusing on regions that prioritize creative storytelling and are expected to launch additional original programming by the end of 2023.
This strategic move will enhance their portfolio and cater to a wider audience, enhancing their competitive position in the entertainment market.
Current Investors
Atwater Capital, JTBC STUDIOS Co., Ltd
Primary Industry
Media
Sub Industries
Digital Media, Television & Film
Website
http://www.wiip.com
Total Amount Raised
Subscriber access only
Wiip - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Wiip | - | ||||||||
| Add-on | Completed | Wiip | - | ||||||||
| Growth | Completed | Wiip | - |
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