Hollywood Veteran Bob Shaye Makes Strategic Investment In Brat TV

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Bob Shaye, the founder of New Line Cinema, has joined Gen Z-leaning digital studio Brat TV as a strategic investor.

As part of the investment, Shaye — the creative force behind Lord Of The Rings and Nightmare On Elm Street franchises — will join Brat’s board of directors, Variety reports. The financial terms of the investment were not disclosed.

“The idea that they are picking up is sort of the thread that New Line graduated from,” Shaye, who left New Line in 2008 to found another production studio called Unique Features, told Variety. “There’s plenty of room for new ideas, new programming, and innovation that may make sense.”

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