JPMorgan's Hollywood Banking Team Pushes Into Games, Web Videoby
Hires Rabobank's Jeff Bazoian to help lead the expansion
Move spurred by growth in demand for content beyond film, TV
JPMorgan Chase & Co. ’s film and television finance group, one of the leaders in Hollywood, is expanding to do more deals involving movie theaters, video games and digital programming.
The Los Angeles-based entertainment team hired Jeff Bazoian as managing director to help lead the expansion, according to a statement Tuesday. Bazoian previously led Rabobank’s U.S. debt capital markets division, working for 15 years with Village Roadshow Ltd., the Australian film company that backed hits including “The Lego Movie” and “American Sniper.”
The expansion reflects the growth in demand for digital content beyond TV and movies, into gaming and companies creating programming for online networks such as YouTube. Bazoian will report to David Shaheen, managing director of the entertainment banking group. JPMorgan said it has a more than 90 percent market share leading syndicated corporate financings for the film and TV industry.