Entertainment finance

Our unique Entertainment Finance specialist team has extensive international experience and a blue-chip client roster.

  • Summary
  • Work highlights
  • People
  • Publications

​​​​We have a long history advising clients in the media and entertainment sector with a more recent focus on film production financing – a specialist form of asset finance.

The team has local and international​ experience acting for major studios and independent producers on a range of production financing transactions, including official treaty and European co-productions, as well as purchase and assumption (P&A) and sale and leaseback schemes.

Our entertainment finance team understands the pressures of production finance for both high budget and independent projects. We work on projects involving multiple jurisdictions in compressed timeframes taking a commercial and collaborative approach to transaction management and resolving legal issues.

The team has acted for producers, distributors, sale agents, completion guarantors, equity investors and debt funders on a wide range of media financing structures. In particular, we regularly advise financiers including ANZ and major offshore funders providing cash-flow funding against the New Zealand Film Commission’s production grants for feature films; the International and New Zealand Screen Production Grants, and the former Screen Production Incentive Fund.

Our team can guide you through the whole process, from meeting grant eligibility criteria, through negotiating production funding agreements and co-production agreements and liaising with the New Zealand Film Commission.

In addition, our team offers full service support to its producer and financier clients, providing commercial, production consents and clearances, tax, intellectual property, dispute resolution, employment, cast and crew agreements, health and safety, insurance and immigration and other specialist advice.

Recent production financing of feature films
Acted for ANZ cash-flowing the New Zealand screen production grant for the feature films McLaren, Extreme, Atomic Love, Beyond The Known World and Beyond the Edge.

Acted for international banks on the senior and receivable financing arrangements for the DreamWorks production of feature films - The Light Between Oceans and The BFG.

Acted for a syndicate of US and Chinese banks cash-flowing the new international screen production grant for feature films for motion picture Crouching Tiger Hidden Dragon 2. This was the first production to qualify for the new international screen production grant and involved a syndicate of foreign banks and multiple jurisidictions.

Rights cashflow financing
Acted for a major New Zealand bank providing cashflow finance to a New Zealand sporting agency against international media licensing and royalty streams involving four jurisdictions and complex tax issues.

Merger of Independent Newspapers Limited (INL) with Sky Network Television
Advised INL on its NZ$3.27 billion merger with New Zealand pay TV operator Sky TV which involved a series of transactions over a two year period following the sale of INL's publishing businesses. The firm assisted in the design of the complex and innovative structure to effect the merger. The transaction required INL and Sky shareholder approval, High Court approval, as well as various other regulatory approvals. The transaction was named the New Zealand Deal of the Year at the 2006 ALB Australasian Law Awards.

Prime Television acquisition
Advised Prime Television New Zealand on its acquisition by Sky Network Television for NZ$30.3 million


 

Sorry, we could not load the publications list.

  • Rachel Paris

    Partner Auckland
  • Leigh Kissick

    Senior Associate Wellington