The Tornante Company

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The Tornante Company, LLC
Private
Industry Private equity, Venture capital
Founded 2005
Founder Michael Eisner
Headquarters Beverly Hills, California, United States
Key people
Michael Eisner (Chairman)
Andy Redman (president)[1]
Owner Michael Eisner
Website www.tornante.com

The Tornante Company, LLC is an American privately held investment firm founded and owned by former The Walt Disney Company CEO Michael Eisner in 2005. Tornante invests in, acquires and operate media and entertainment companies.

When Eisner was bicycling around Italy, he saw a signpost that inspired the name Tornante for his company. Tornante means “hairpin turn” in Italian.[2]

History[edit]

The Tornante Company was founded by Michael Eisner in 2005 after leaving The Walt Disney Company.[3] In 2006, Tornante formed Vuguru production company with backing from Rogers Media of Canada.[4] The company made in April 2006 a $12.5 million venture funding round investment in Veoh. Tornante purchased Team Baby Entertainment, a maker of infants and toddlers sports-related DVDs in June 2006. On March 5, 2007, the company and Madison Dearborn Partners purchased Topps for $385 million.[3] Tornante planned to have Team Baby merge with Topps.[2]

In June 2015, Tornante Co. formed Tornante-Sinclair LLC, a TV production company, with Sinclair TV Group.[5] Eisner's company signed in November 2015 a worldwide distribution deal with Universal Pictures to release the firm's self-funded slate of films.[6] In August 2017, Tornante closed on the purchase of the Portsmouth Football Club.[1]

Holdings[edit]

Current investment holdings for the firm include:

Former

References[edit]

  1. ^ a b c Clarke, Stewart (August 3, 2017). "Former Disney Boss Michael Eisner Seals Deal for English Soccer Team". Variety. Retrieved August 18, 2017. 
  2. ^ a b c Arango, Tim (November 22, 2008). "Away From the House of Disney, Eisner Finds a Home Online". The New York Times. Retrieved August 18, 2017. 
  3. ^ a b c d e "Former Disney Chief Adds Topps to His Collection". DealBook. New York Times. March 6, 2007. Retrieved August 18, 2017. 
  4. ^ a b Tartaglione, Nancy (October 8, 2012). "Mipcom: FremantleMedia To Distribute Vuguru Content Outside North America". Deadline. Retrieved August 18, 2017. 
  5. ^ a b c Mirabella, Lorraine (June 29, 2015). "Sinclair Broadcast forms venture with former Disney CEO Eisner to create TV shows". Baltimore Sun. Retrieved October 15, 2015. 
  6. ^ Jr, Mike Fleming (November 13, 2012). "Michael Eisner Returns To Features With Universal Pictures Distribution Deal". Deadline. Retrieved August 18, 2017. 
  7. ^ a b c d "Michael Eisner's Tornante Co. Teams With Sinclair Broadcast for New Syndicated Joint Venture". The Hollywood Reporter. Retrieved August 18, 2017. 
  8. ^ Ackerman, Gwen (April 8, 2010), "Israeli Start-Up Qlipso Acquires Veoh to Add Users, Revenue", Business Week, archived from the original on April 11, 2010 

External links[edit]