Salem Partners, LLC - Investment Banking and Wealth Management
  • Home
  • About
  • Investment Banking
    • Valuation Services
    • Media & Entertainment
    • Healthcare & Life Sciences
    • Real Estate
    • Specialty & Lender Finance
    • Transactions
  • Wealth Management
    • Portfolio Log In
  • Real Estate Development
  • Professionals
  • News
  • Contact

Gravitas Ventures Sells Majority Stake To ProSieben’s Red Arrow International

11/8/2017

 
Picture
LOS ANGELES, CA - Indie distributor Gravitas Ventures has been snapped up by Red Arrow International, an arm of Germany’s ProSiebenSat.1. As part of the majority stake transaction announced today, all Gravitas Ventures employees will be retained and... (read more)

Robert Redford's Sundance Cinemas looks for a buyer

6/10/2015

 
Picture
LOS ANGELES, Calif., June 10, 2015 (LA TIMES) -- Robert Redford's Sundance Cinemas is putting itself up for sale.  Sundance Cinemas said in a statement that it has hired the investment bank Salem Partners to find a buyer for the small L.A.-based theater chain.  Sundance Cinemas is part of several entities overseen by Redford... (read more)


Millennium Entertainment Brass To Acquire Company's Distribution & Catalog Biz

8/19/2014

 
Picture
Millennium Entertainment, the distribution arm of Avi Lerner's Nu Image, officially went up for sale back in April 2013. Now there is a deal from within after entities like Luc Besson's EuropaCorp kicked the tires: The Millennium Entertainment management team led by CEO Bill Lee and private investment firm Virgo Investment Group are... (read more)

Banking on the Vaults - Demand for digital deals has banks eyeing the value of film libraries

12/14/2011

 
Picture
A few years ago, banks wouldn’t dream of lending against the libraries of indie film companies. Some are still skeptical, but others are starting to appreciate the long-term value of older content thanks to the digital distribution deals inked during the past two years with rising platforms such as Netflix and Hulu.  “Digital media is starting to make independent distribution of films... (read more)

Salem Partners Supports LA's Promise 2011 Gala

9/28/2011

 
E! News at the 2011 LA's Promise Gala

E! News was on hand at the 2011 LA's Promise Gala and had the chance to speak to our special honoree Ryan Seacrest, as well as our other esteemed guests of the night. Check it out!

Posted by LA's Promise on Thursday, September 29, 2011
LOS ANGELES, CA – September 28, 2011 - LA’s promise, a nonprofit working to radically shift the education, health and social outcomes for youth in South Los Angeles, held its 2011 Gala on Tuesday, September 27th at Hollywood’s Kodak Theater. Salem Partners is proud to have been a title sponsor of the event and even prouder that Salem’s co-founder, Stephen Prough, and his wife, Marina Berti, were event chairs for the unforgettable evening. Along with highlighting ... (read more)

In Hollywood, Grappling With Studios’ Lost Clout

1/17/2010

 
Picture
LOS ANGELES — A proposed sale of Metro-Goldwyn-Mayer, the most powerful and lucrative studio during the golden age of film, drew only meager offers last week, and now Hollywood must confront a troubling question: Are movie studios becoming... (read more)

Hollywood back from the brink

12/9/2009

 
Picture
What a difference a year makes.  When Variety ran its Dealmakers Impact Report last September, the financial world was on the brink of collapse. This time around, it seems to be on the verge of recovery.  But although dealmaking has slowed down, it has hardly ground to a halt, as... (read more)


Media business at crossroads as deals pick up

11/27/2009

 
Picture
The growing influence of the Web to distribute news, video and other content, combined with the lingering economic malaise, have left many media executives and investors uncertain about where to make their next bets.  The dilemma boils down to whether a modern media company should focus on building content at scale, or if it also needs to own the pipes to deliver that content... (read more)

Prough Says Smaller Film Distributors May Consolidate

11/2/2009

 
NOVEMBER 2, 2009 - Stephen Prough, founder of investment bank Salem Partners, talks with Bloomberg's Francine Lacqua and Erik Schatzker about the outlook for mergers and acquisitions for the film industry.  Prough also discusses the valuation of studio assets, financing for possible acquisitions and the performance of Viacom Inc.'s Paramount Pictures. (Source: Bloomberg)

In-Depth Look - [Weinstein] Brothers Need A Blockbuster

8/21/2009

 
AUGUST 21, 2009 - Interview and discussion with James Mullany of Salem Partners.  Mullany talks about movie market and block buster movie earnings. (Source: Bloomberg)

Wall St dumps film deals on Hollywood investors 

2/27/2009

 
Picture
LOS ANGELES (Reuters) - The financial crisis is forcing Wall Street banks and hedge funds to pull out of billions of dollars worth of film deals, opening the door for specialty investors to scoop up Hollywood assets at discount prices. From 2005 to 2008, hedge funds partnered with all the major banks from... (read more)

In focus: Taking stock of the Wall Street shock 

9/25/2008

 
Picture
The US financial crisis may have come as a shock to much of the world, but in Hollywood it almost seemed like the inevitable culmination of a continuing trend. That is because the relationship between Wall Street and the Hollywood film-finance business - one that was hot and heavy just... (read more)

Hollywood Feels Wall St. Pain

9/17/2008

 
SEPTEMBER 17, 2008 - The financial crisis is being felt far beyond Wall Street, reports CNBC's Julia Boorstin.  Salem Partners' Stephen Prough on CNBC to comment on effect recent credit crisis is having on Hollywood. (Source: CNBC)

Is the slate deal going up in flames?

8/14/2008

 
Picture
In a year rife with bad financial news, the film-finance world has seen its share of worrying portents. Though some financiers suggest that conditions have in fact been deteriorating for considerably longer, in the 12 months since the start of the global credit crisis the outlook has grown steadily... (read more)

Tinseltown Hooray For Bollywood

6/23/2008

 
Picture
If you're an aspiring director in India, one shotcut to Hollywood can open up if you gain a spot on a TV show called Gateway.  That's an Indian reality program in which filmmakers compete for a shot at working on a movie in Tinseltown.  For already established Bollywood film types, there's a more direct approach... (read more) 

Hollywood investors wary of economy, past mistake 

4/4/2008

 
Picture
LOS ANGELES (Reuters) - Investors seeking riches in Hollywood are finding out why the movie capital is called Tinsel Town -- all that glitters is not gold.  After pouring $15 billion into recent film deals, some investors have taken losses and many are demanding that film studios change how they structure the projects. Roiling credit markets have scared many away from non-traditional investments, while some... (read more)

Hollywood's hedged bets; Studios share risks, and losses, with investors. But rules may change. 

2/16/2008

 
Picture
On paper, "Evan Almighty" looked like a sure thing. A spinoff of Jim Carrey's smash hit "Bruce Almighty," the film starred Morgan Freeman, reprising his role as God, and Steve Carell, one of Hollywood's hottest comedians. But "Evan Almighty" turned out to be a dud, with an estimated $250 million... (read more)

I Oughta Be In Pictures 

5/28/2007

 
Picture
Don't expect John Malone to show up anytime soon glad-handing Brad and Angelina on the red carpet. The billionaire dealmaker,
whose Liberty Media Corp. (LCAPA ) owns pieces of lots of media companies, has famously stayed away from the all-too-risky movie business--once... (read more)

Some Wall Street investors say they’re savvier

5/10/2007

 
Picture
In some spheres, the mere mention of the studio-slate deals elicits responses such as “disaster” and “complete wipeout” around Hollywood.  But what’s the reality?  The apocalyptic outcries refer to the performance of the private equity investments in studio film slates. One of the Warner Bros... (read more)

DVD burning desires

2/10/2007

 
Picture
The battle to conquer America’s living rooms with digital content heated up last week as Wal-Mart jumped into the movie download biz and players from Apple to Amazon.com to Microsoft moved to expand their offerings.  But the next big show-down is likely to come over a piece of familiar hard-ware... (read more)

Wall Street wise to summer box office

1/21/2007

 
Picture
The romance between hedge funds and Hollywood came out into the open last summer. But despite an inauspicious beginning — “Poseidon” may have sunk Virtual Studios’ ship — the pairing continues at full bore. Dozens more deals are in the works, but both sides are honing the fine points in order to make... (read more)

Kabillion, LLC Completes Private Placement with EM.TV

1/17/2007

 
Picture
Salem Partners LLC is pleased to announce that Kabillion, LLC has closed a private placement for an undisclosed sum with EM.TV, a publicly-traded, Munich-based entertainment and sports company. Kabillion is a multi-platform children's entertainment production and distribution company that debuted January 2007 on the... (read more)

Brotherly vid bid

11/15/2006

 
Picture
In an unusual exclusive arrangement, the Weinstein Co. has pacted with Blockbuster to make the vidtailer the rental outlet for all its releases.  Four-year deal dictates that TWC will not make available any titles through competing rental outlets — including Blockbuster rivals Netflix and Movie... (read more)

Crown Media Holdings, Inc. Enters Into Definitive Agreement To Sell Its Film and Television Library to RHI Enterprises, LLC for $160 Million

10/5/2006

 
Picture
We are pleased to announce that Crown Media Holdings, Inc. has entered into a definitive agreement to sell its film and television library to RHI Enterprises, LLC for $160 million in cash. Through the transaction, RHI Enterprises, LLC has acquired various rights to film and television properties... (read more)

    News

    All
    Aerospace & Defense
    Healthcare & Life Sciences
    Investment Banking
    Media & Entertainment
    Real Estate
    Specialty & Lender Finance
    Wealth Management

    Archives

    April 2022
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    February 2021
    December 2020
    August 2020
    November 2019
    August 2019
    July 2019
    December 2018
    November 2018
    September 2018
    July 2018
    June 2018
    May 2018
    April 2018
    January 2018
    November 2017
    July 2017
    February 2017
    December 2016
    November 2016
    October 2016
    July 2016
    December 2015
    November 2015
    October 2015
    July 2015
    June 2015
    May 2015
    April 2015
    December 2014
    October 2014
    August 2014
    July 2014
    June 2014
    April 2014
    March 2014
    November 2013
    October 2013
    February 2013
    December 2012
    October 2012
    February 2012
    January 2012
    December 2011
    September 2011
    August 2011
    June 2011
    January 2010
    December 2009
    November 2009
    August 2009
    June 2009
    February 2009
    September 2008
    August 2008
    July 2008
    June 2008
    May 2008
    April 2008
    February 2008
    December 2007
    July 2007
    May 2007
    February 2007
    January 2007
    December 2006
    November 2006
    October 2006

    RSS Feed

© 2016 by Salem Partners LLC - All Rights Reserved. Member FINRA/SIPC.
11111 Santa Monica Blvd. Suite 2250, Los Angeles, CA 90025