The campus features four soundstages ranging from 3,000 to 21,000 sq ft, thousands of sq ft of green rooms and production suites
Author: Priyanca Rajput
Published: 17 Aug 2023
Worldwide Stages, the production campus for the global entertainment industry, has launched its Regulation A stock offering to raise $75m to develop new soundstages and facilities to support the increasing demand for music, TV, film, and virtual production in the Nashville, TX area.
Regulation A (Reg A) is a type of exemption from registration with the SEC that applies to public offerings of securities.
The offering was qualified with the Securities and Exchange Commission (SEC) last week and allows anyone to now invest in the company.
Located in a 320,000 sq ft facility south of Nashville, the campus provides space for production companies to rehearse, record, and film. It houses four soundstages ranging from 3,000 to 21,000 sq ft, thousands of sq ft of green rooms and production suites, a private 70-seat theatre, grand lobbies and atriums for industry events, on-site food and beverage service, on-site industry vendors, and over 1,000 parking spaces on 38 acres of rolling countryside.
The company will use the proceeds from the Reg A offering to build additional soundstages and amenities, as well as to acquire state-of-the-art equipment and technology to bolster its services.
"We are excited to share this opportunity with our community and invite them to join us in our vision of transforming the entertainment production landscape in Nashville and beyond," said Kelly Frey, CEO of Worldwide Stages. "We believe that our campus provides an unparalleled value proposition for our clients, who can enjoy the convenience, comfort, security, and quality of our facilities without compromising on their creative vision."
Worldwide Stages has chosen to proceed under Tier 2 of Reg A, which allows the company to offer its securities to both accredited and non-accredited investors globally.
Worldwide Stages was founded in 2019 by entertainment industry veterans and its CEO, Kelly Frey.
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