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    STX Entertainment raises $700 million in new capital

    by Ryan Faughnder, Los Angeles Times Mar 11, 2019 2 minutes

    STX Entertainment, the upstart studio known for films such as "The Upside" and "I Feel Pretty," has raised $700 million in new capital to fuel growth.

    The new funds for the five-year-old Burbank-based studio, founded by Robert Simonds, is a combination of equity and refinancing of debt, said STX's Chief Financial Officer Andrew Warren in a Monday morning

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