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Thunder Road and Lit Entertainment launch joint media company TR/AK

The production and management firms will remain independent while backing film and television projects.

The short version

  • Thunder Road Films and Lit Entertainment Group have partnered to form a new media company named TR/AK.[Variety · The Hollywood Reporter]
  • The venture focuses on developing original stories, supporting creators, and producing film and television projects for global audiences.[Variety · The Hollywood Reporter]
  • Both founding companies will continue their normal operations independently following the launch.[Variety · The Hollywood Reporter]
  • CAA Media Finance-Evolution acted as a strategic advisor for the transaction.[Variety]

Key facts

  • Thunder Road Films and Lit Entertainment Group established TR/AK to focus on original stories, creators, and film and television productions.[Variety · The Hollywood Reporter]
  • Both Thunder Road and Lit Entertainment will continue to operate as independent entities.[Variety · The Hollywood Reporter]
  • CAA Media Finance-Evolution served as a strategic advisor on the deal.[Variety]

Sources

Outlet counts describe coverage, not independent confirmation. Reports may share a wire service or original source.