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Magic Mike Live Raises $45M for Global Expansion
20 Apr
Summary
- Magic Mike Live secured $45 million in funding.
- The funds will fuel global expansion of the theatrical show.
- A new 'Step Up' franchise live show is planned for 2027.
Channing Tatum's experiential business, Free Association Live (FA Live), has secured $45 million in debt and equity financing. This substantial investment will propel the global expansion of its successful "Magic Mike Live" theatrical show.
The company, co-founded by Tatum, plans to mount additional "Magic Mike" productions internationally, building on sold-out runs in London and Las Vegas. FA Live has entertained over 2 million guests since its 2017 debut.
Future plans include a collaboration with Lionsgate for a live show inspired by the "Step Up" film franchise, slated for a 2027 debut. This marks an ambitious step for FA Live in the live entertainment sector.
