Content Partners
Content Partners is an American intellectual property (IP) rights company.
History[edit]
Content Partners was founded by Steven Kram and Steven Blume in 2006.[1] Both Mark Cuban and Todd Wagner were among the initial investors in the company.[2] Originally the company was established to acquire 50% to 100% of the royalty payment rights[3] from individuals with only small interests in films and television,[1] and found early success in acquiring the rights from television writers during the 2007–08 Writers Guild of America strike.[4] The company raised $50 million in its initial round of financing.[5]
Business[edit]
The company purchases IP from content creators after they have run much of their lifetimes in order to resell the rights to new platforms.[6] As of 2019 the company owned the rights to 400 films and about three thousand hours of television.[7] In 2013 the company acquired 50% of the global rights to the television series CSI.[8][9] In 2017 Content Partners acquired Revolution Studios[10] for $400 million.[11] At that time it had about $1 billion in assets under management.[12]
References[edit]
- ↑ 1.0 1.1 Cynthia Littleton (October 10, 2019). "Content Partners Toasts 15 Years of Innovative Dealmaking Amid Industry Shifts". Variety.
- ↑ Merissa Marr (June 27, 2007). "L.A. Firm Bets On Hollywood Ending For Profit Deals". Wall Street Journal.
- ↑ Jane Wells (May 23, 2006). "Investing in Hollywood's brightest stars". CNBC.
- ↑ David Lieberman. "Screenwriters sell stakes in future profits". USA TODAY.
- ↑ Alex Ben Block (March 6, 2013). "Content Partners Acquires Half of 'CSI' Franchise".
- ↑ "Steven Kram, Steven E. Blume, John M. Mass". Variety.
- ↑ Rhonda Richford (October 17, 2019). "MIPCOM: Sony Pictures Television, Revolution Studios Sign Distribution Deal". Hollywood Reporter.
- ↑ KATIE BENNER (March 11, 2013). "Meet Content Partners: The investors who bought CSI". Fortune Magazine.
- ↑ Michael Cieply and Bill Carter (March 6, 2013). "Television's 'C.S.I.' Gets New Financial Partner to Replace Goldman". New York Times.
- ↑ y RYAN FAUGHNDERSTAFF (January 4, 2017). "'XXX' producer Revolution Studios sells to Content Partners". Los Angeles Times.
- ↑ Nancy Tartaglione (March 4, 2019). "The Evolution Of Revolution: Studio Bosses On Strategic Shifts, Maximizing Library & The '13 Going On 30′ Musical".
- ↑ Michael Cieply (January 4, 2017). "Revoltion Studios Goes To Content Partners In A Deal Valued Near $400 Million".
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