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By: Stephen Bates

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Friday, 30-May-2014 11:00 Email | Share | Bookmark
3 Takeaways For Hollywood From The Milken Conference’s Future Of

While the focus remained largely on the financial services industry, there were obvious parallels to the health and current fiscal state of Hollywood, particularly in film financing. Topics ranged from regulation to the idea of companies being too big to fail tothe development of IP in developing countries. Some takeaways from the panel: 1. Foreign banks are bringing their capital back home Diamond claims that celebrities the large U.S. banks are far safer and sounder than they have been in recent years, particularly in the post-financial crisis global economy. However, he also mentioned the current trend in Eurozone banks looking to their respective countries and bringing capital back home, which means they are less likely to look for international capital distribution. What this means for Hollywood: Slate deals and co-financing agreements regularly use banks for senior and sometimes junior debt within those deals. <br>Full story:

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