Companies the firm has been involved with significantly include Endeavor, SoftBank Group, WWE and Ultimate Fighting Championship.

[9] In April 2023, Raine acquired Code Advisors, a San Francisco-based boutique investment bank that also focuses on TMT.

[3][4][8] Notable deals it has worked on include: In September 2010, Raine released a letter to its investors that it had raised more than $300 million for its first private equity fund that would focus on investing in media companies.

Its backers included William Morris Endeavor, Forstmann, Masayoshi Son and sovereign wealth funds of China, Singapore and Abu Dhabi.

[3][5] By April 2011, the fund had raised close to $500 million with additional backers that included WPP plc, Frank and Lorenzo Fertitta, Eric Schmidt, Sean Parker, Terry Semel, Richard Rosenblatt and Marc Andreessen.