Atlantic Screen Media Limited

The Fund was established in 2017 to provide investors with the opportunity to invest in the intellectual property content of a broad range of media companies spanning music scores for film and television, and comics, with future plans to invest in video gaming. Owners of music scores are paid royalties by the minute when the film is watched across any medium and comic books are the single largest contributor to film IP generating fee royalties for the IP owner over many years. Atlantic Screen Media is well placed to maximise this perpetual income stream through its investee companies. Video and music streaming services are driving content demand globally, underpinned by broadband penetration and a proliferation of hand-held devices. The value of global video streaming services in 2019 was $42bn and is forecast to grow to $184bn by 2027. The five largest global streaming platforms are forecast to have 553 million pay subscribers by 2025, a 55% increase from the current 357 million. In the second quarter of 2020, 10 million subscribers joined Netflix, bringing its total number of new subscribers to 26 million in the first half of the year. In contrast, it saw 28 million new subscribers for the whole of 2019. Atlantic’s expertise is in selecting businesses that create IP content that is ready for exploitation giving investors exposure to content that will generate predictable, recurring income over the long-term. The Fund is underpinned by the inherent value and economic life cycle of its comic and musical score IP. In the last three years the Fund has invested in AS Comics Ltd, a comic book development company and in Raven Scores Ltd, a film and television music scores business.