Ergo Media Ventures and Film Clinic announced that they have entered into a definitive agreement for an investment in Film Clinic by Ergo that would result in Ergo owning a 49% stake in the company. This transaction marks Ergo’s first investment since its establishment.

Ergo’s investment will be used to transform the company into a professional, institutionalised, end-to-end visual media production and distribution entity.

The investment will be a combination of equity that ...