New Partnership invests in expansion for Producers of “Cheer,” “Chef’s Table,” and “The Big Brunch” among Other Hit Non-Fiction Programming

Los Angeles, CA – February 15, 2023 – Boardwalk Pictures, an award-winning production company that creates non-fiction, character-driven entertainment for audiences across the globe, today announced a minority growth investment from Shamrock Capital ("Shamrock"), a Los Angeles-based investment firm specializing in media, entertainment, communications and related sectors. With a focus on key strategic initiatives, Shamrock will provide additional capital and expertise to help take Boardwalk to its next level of growth.

“We’re excited for this next chapter, all the new opportunities that lie ahead for us and our creative partners that make up the Boardwalk community,” said Andrew Fried, Boardwalk’s CEO. “We’re so proud of the work we have put out into the world over the last decade. As our style of storytelling becomes increasingly more mainstream, we’re eager to continue to push the way that non-fiction entertainment reaches audiences around the globe.”

“We believe that authentic storytelling will always have an engaged audience,” commented Mike LaSalle, Partner at Shamrock Capital. “Andrew and the Boardwalk team are pioneers in crafting honest, real, and raw narratives in unique and compelling ways. They have raised the standard for high quality nonfiction content, delving into a wide range of subject matters that resonate with audiences around the world. We are excited to partner with this talented team as they continue to bring their skills and sensibilities to new genres, formats, and mediums.”

Since its founding in 2010 by Andrew Fried, Boardwalk’s elevated, cinematic storytelling has spearheaded the transformation of non-fiction entertainment into one of the fastest growing draws for audiences. With over 20 Emmy nominations and 4 wins, among numerous other awards and accolades, Boardwalk has emerged as curators behind today’s most recognizable titles. The company’s diverse and growing slate of projects includes Chef’s Table, Cheer, Welcome to Wrexham, Val, The Black Godfather, The Big Brunch, We Need To Talk About Cosby and Pepsi, Where’s My Jet?. Since its inception, Boardwalk has collaborated with nearly every major streaming platform and premium network and continues to drive the marketplace with groundbreaking new projects.

For 45 years, Shamrock has operated as a leading investor and partner to growth for companies, founders, and creators globally. The firm concentrates exclusively on companies and creators that operate within the media, entertainment, content, communication, sports, marketing, and education sectors, and the key technology, data, content, and consumption trends that drive these industries. Shamrock will help Boardwalk implement strategic oversight, best practices, and operational rigor to assist Boardwalk in their shared vision of growth. The additional capital from Shamrock will enable Boardwalk to further build out both its team and slate of projects.

Boardwalk Pictures was represented in the deal by LionTree and Venable LLP. Shamrock Capital was represented by ACF Investment Bank and Willkie Farr & Gallagher LLP.

About Boardwalk Pictures

Boardwalk Pictures is an award-winning production company that creates non-fiction, character-driven entertainment for audiences across the globe. As creators and producers of some of today’s most recognizable premium television shows and feature films, Boardwalk Pictures continues to push the boundaries of unscripted entertainment.