TSG Entertainment
TSG Entertainment Finance LLC is an American film finance company established in 2012 through The Seelig Group by Chip Seelig.
History
The financing entity was founded by former Dune Entertainment partner Chip Seelig with majority of funding from Magnetar Capital. TSG was established to replace Dune Entertainment when Dune did not renew their deal with 20th Century Fox and Fox Searchlight Pictures. Seelig had left Dune in May 2011 to launch a new funding company. TSG was also looking for some debt financing from banks at this time. In November 2015, Bona Film Group, a Chinese film studio, invested $235 million in TSG.Because of the Acquisition of [21st Century Fox by Disney|acquisition] of The [Walt Disney Company] and 20th Century Fox on March 20, 2019, Disney inherited Fox's deal with TSG for 20th Century Fox and Fox Searchlight Pictures. From 2013 to 2023, TSG had spent $3.3 billion to help fund 140 projects for Fox. TSG also has a co-financing agreement with Sony Pictures. In 2023, TSG sued Disney, alleging breach of contract in the financing of 20th Century and Searchlight films and their distribution to streaming platforms.
TSG's logo and vanity card depict a man with a bow shooting an arrow through a dozen axe heads, a reference to the feat performed by Odysseus in Book 21 of Homer's Odyssey.