New-Media

New Media

Business Description

New Media was a leading television production and distribution company that produced the award winning series “Trailside: Make Your Own Adventure” on PBS, providing guidance to viewers interested in camping and wilderness activities.

Background

The Company was building a franchise around its brand, producing videos, books, and a membership club and sought capital for product development and distribution.

Solution

Carter Morse & Mathias arranged, structured and negotiated a private placement of Convertible Preferred Stock from Prospect Street Advisors.