Rivulet Media, Inc. announced it raised $1.34 Million in an initial filing from an offering of $5 Million
Rivulet Media, Inc. announced it raised $1.34 Million in an initial filing from an offering of $5 Million
02/28/22, 11:03 AM
Location
gilbert
Money raised
$1.34 million
Industry
other
Round Type
seed
Company Info
Location
1206 east warner road, suite 101-i
gilbert, south carolina, united states
Additional Info
The parent company of Rivulet Films. On April 9, 2020, Executives Aaron Klusman and Mike Witherill announced a merger with publicly traded Bio-Matrix Scientific Group, Inc. (“Bio-Matrix”) (ticker symbol BMSN), intending to rename Bio-Matrix as Rivulet Media.
The company will produce films using a proprietary financing model to deliver studio quality, star driven content in what management believes is a more efficient way.
Witherill has produced such quality films as DRINKING BUDDIES, FRONTERA, STUCK and most notably JOHN WICK in what is turning out to be the ever-expanding JOHN WICK franchise. The company is launching an innovative model of financing that will differ significantly from the traditional risk driven historical Hollywood model. Witherill will lead the new operating subsidiary film company while Klusman will be the CEO of the parent company Bio-Matrix (to be renamed Rivulet Media).
Future film projects include the Matefinder Series, the Fallen Academy Series and Wrecked, written by USA Today top-selling author Leia Stone. Future television projects in development include the Avenue of the Americas, Giacomo (written by Pete Rosen), and a docu-series portraying the life of former Maricopa County (AZ) Sheriff Joe Arpaio.
"We intend to be extremely focused on financial risk management with our productions while at the same time leveraging our success with JOHN WICK. Traditional Hollywood has always done things the same way, and quite frankly the market has changed, and we intend to be a disruptor in how films are financed and distributed," says Witherill.
"We are excited to finalize the merger with Bio-Matrix (to be renamed Rivulet Media) as we see the future of content creation as an ever-expanding universe of opportunity for our partners. Bio-Matrix (to be renamed Rivulet Media) gives us the right platform at the right time to take advantage of consumers' insatiable appetite for content," states Klusman.