Robert J. Sherman

Partner

Co-Chair, Entertainment Finance Practice

Emailrobert.j.sherman@us.dlapiper.com

Call+1 310 595 3120

Los Angeles

About

Areas of FocusCorporate Financial Services Media Sport and Entertainment Finance

Bar admissionsCaliforniaNew York

EXPERIENCE

REPRESENTATIVE CLIENT REPRESENTATIONS:

In what was one of the largest music acquisitions of 2021, Rob represented Concord, a leading music company, in connection with the financing of Concord's acquisition of Downtown's iconic portfolio of 145,000 owned and co-published music copyrights
Represented Concord, a leading independent music company, in its US$1+ billion debt financing -- one of the largest music industry financings in recent times.
Represented HarbourView Equity Partners, a global alternative asset manager focused on investment opportunities in the media and entertainment space, in its launch and establishment of a $1 Billion strategic relationship with Apollo Global Management, Inc., a global alternative investment management firm
Represented HarbourView Equity Partners, in structuring and closing a nine-figure music-rights backed structured finance facility as well as closing a series of music royalties rights and a music rights ownership platform acquisitions with an aggregate value in excess of $350 million
Concord, a leading independent music company, in connection with the acquisition by a Concord affiliate of Downtown's iconic portfolio of 145,000 owned and co-published music copyrights
Concord in providing the company with access to over US$1 billion of term b and revolving debt financing in one of the largest music industry financings in recent times
Raven Capital Management and Sculptor Media in the financing and production of The Minuteman, a feature film starring Liam Neeson and Cop Shop, a feature film starring Gerard Butler
Raven Capital Management in its US$87.5 million acquisition of certain assets of Academy Award®-winning Hollywood studio Open Road Films and its follow-on re-launch of Open Road Films as a domestic theatrical distributor
A debt fund in various transactions including a US$50 million senior secured term loan to an independent cable network
A major independent film and television producer in the financing of the first season of a television series made for a major subscription video on demand service
A Canadian independent television and film production and distribution company in a revolving senior secured credit facility
A Latin American film production company in negotiating a revolving secured credit facility for the financing of multiple feature films
A major independent record company in renegotiation and structuring of revolving, senior-secured working capital credit facility
Banks and private equity funds in making single-picture senior secured production loans
Banks as participants in film, television and music publishing secured credit facilities
A major motion picture studio in structuring a series of cross-border and domestic co-financing arrangements with private investment funds with an aggregate deal value in excess of US$1 billion
A Mexican music company in the implementation and structuring of mixed stock and asset sale of a group of music publishing and recorded music companies
A private equity-backed acquirer of music publishing assets
A Caribbean-based conglomerate in connection with the financing, development, production and distribution of motion pictures, as well as the structuring of strategic joint ventures
A private equity fund in exercise of secured creditor remedies workout of structured senior secured "film slate" credit facility
A bank in a leveraged recapitalization of a music publishing company