Shockwave Funds Artists Management Group
Shockwave.com announced a production pact with Artists Management Group (AMG). As part of the deal, shockwave.com will provide a US$10 million fund for AMG and its clients to develop animated content for distribution on the site. All work produced through the deal will be co-owned by both companies. Additionally, AMG and its affiliates will help shockwave cut deals in other entertainment mediums. "This partnership will allow us to provide even more opportunity for AMGs roster of clients," said Ellen Goldsmith-Vein, head of the AMG Animation Group.