“CSI” Acquired by Content Partners from Goldman Sachs

  “CSI” Acquired by Content Partners from Goldman Sachs

      Content Partners and CBS will each own 50-percent of CSI franchise

Business Wire

NEW YORK & LOS ANGELES -- March 7, 2013

Content Partners LLC, an entertainment finance firm that acquires cash flows
from successful film, television and music properties, today announced that it
has purchased a 50-percent interest in the blockbuster television franchise
“CSI” (Crime Scene Investigation) from an affiliate of Goldman Sachs. The
acquisition makes Content Partners an equal stakeholder in the second largest
franchise in television history with CBS Corporation, which owns the other
50-percent interest. Terms of the transaction were not disclosed.

Under the terms of the transaction, Content Partners and CBS will each own
half of all rights in the franchise, which includes the CBS series “CSI”
(currently in its 13th season), “CSI: New York” (currently in its ninth
season), and “CSI Miami” (10 seasons completed). CBS will control all domestic
and international distribution rights to the series.

“One of the most attractive aspects of this acquisition is the strong
commitment that CBS has made in continuing to aggressively distribute and
leverage the ‘CSI’ franchise across all media,” said Steven H. Kram, President
and CEO of Content Partners. “The ‘CSI’ franchise is internationally acclaimed
and has consistently been one of television’s top-rated shows since it debuted
in 2000. We are proud to partner with CBS, which is one of the best producers
and distributors of content in the world.”

LionTree Advisors acted as financial advisor to Content Partners in the
transaction. Paul Wachter, Content Partners’ Co-Chairman of the Board was also
instrumental in finalizing the transaction. Bank of America Merrill Lynch and
J.P. Morgan provided financing for the deal.

The “CSI” transaction represents Content Partners’ largest acquisition to
date, and bolsters its already extensive catalog of entertainment properties,
which includes interests in 119 films and five television series, acquired
from numerous high-profile actors, writers, directors and other financial
participants in these properties. Content Partners leverages these assets
through a unique business model that provides the entertainment industry’s
creative and investment communities with financial liquidity in their
interests in entertainment properties. This approach mitigates future risk in
revenue receipts, and in return, Content Partners acquires future royalty
ownership.

The “CSI” franchise has long been among the world’s most-watched television
series; in fact, for five out of the last seven years, a “CSI” show has been
the most-watched show globally. Its library contains 724 one-hour episodes,
and airs in over 200 countries. Viewers and entertainment professionals have
recognized the “CSI” franchise over the years with more than 250 nominations
and over 80 major awards, including eight Primetime Emmys, five People’s
Choice Awards, and one Screen Actors Guild Award.

About Content Partners, LLC

Established in 2006, Content Partners, LLC is a unique entertainment finance
firm that buys passive revenue income streams in television and film. It is
the only firm that specializes in buying back-end profit participations from
service participants (writers, directors, producers, actors, talent agencies,
and estates) and financial participants (investors, banks, financial
institutions, hedge funds, and insurance companies). Content Partners focuses
on the future value of film and television content distributed throughout the
world and, to date, has acquired interests in 119 films and five television
series, which collectively, have been nominated for over 700 major
entertainment industry awards, winning more than 150. Content Partners’ asset
portfolio includes films that have been theatrically released by every major
movie studio, and represent more than $12.4 billion in worldwide box office
sales. For more information, please visit Content Partners’ website at
www.contentllc.com.

Contact:

For Content Partners LLC
Jason Milch, 312-379-9406
jmilch@hellermanbaretz.com
 
Press spacebar to pause and continue. Press esc to stop.