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John Wolfsohn/Getty Images In a bid to become a global media enterprise, the company has launched book and podcast divisions and is re-prioritizing with a focus on management. Sugar23, the company founded by Oscar-winning producer and manager Michael Sugar, is expanding in a bid to become a global media enterprise. The production company has made several key hires, including a chief financial officer and general counsel, and is launching a book division and a podcast division. The company also announced it has also raised $30 million with SWaN & Legend Venture Partners and MRC that will spur ...

Sugar23 Raises $30 Million, Expands Executive Hires, Adds Departments “I wanted the infrastructure to be in place to uniquely and completely service artists,” says company founder Michael SugarDiane Haithman | January 6, 2021 @ 10:00 AM Last Updated: January 6, 2021 @ 10:13 AM Sugar23 founder Michael Sugar and wife Lauren (photo credit: Getty Images) Sugar23,  a Los Angeles media company founded by Academy Award-winning producer Michael Sugar (“Spotlight”), has raised $30 million and added key executives to oversee new areas of management, content creation, production ...