, the investment firm that forged a new financial option for Hollywood profit participants, is celebrating its 15th anniversary this year, just as the industry is seems poised to head into a period of retrenchment on the kind of deals that built the company.
Content Partners has thrived as an innovative option for the creative community, but the movement across the TV industry to emphasize higher upfront payments rather than granting back-end equity stakes to creatives could put a crimp in the company’s long-term pipeline of points. “Our business is as busy as ever,” Kram says. “I think there will always be room for participants on the film side. Television is changing. I think that will last for a little while but in the long run I don’t think that’s really a model.”
Over the years, Content Partners has done a handful of sizable transactions. It acquired a 50% interest in CBS’ “CSI” franchise, which went on the block when original co-production partner Alliance Atlantis was taken over by Goldman Sachs. Kram and Blume also acquired the rights to the film library of Joe Roth’s Revolution Studios in 2017 after that venture came to an end.
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