Latham & Watkins Advises on Financing for Oaktree’s Acquisition of FilmRise

Funds managed by Oaktree Capital Management, L.P. (Oaktree) have acquired FilmRise, a leading independent digital streaming content distributor, and merged it with existing portfolio company Shout! Studios, one of the industry's pre-eminent independent film and television distributors. The combined company, Radial Entertainment, is a premier, global content distribution platform boasting a diverse library of 70,000 movies and episodes, one of the largest independent catalogs in the industry.

Latham & Watkins LLP represented Oaktree in the acquisition financing for the transaction with a finance team led by Boston partner Susan Parker, with associates Matt Farina and Payton Reisinger, with assistance from Maggie Guidotti. Advice was also provided on entertainment, sports, and media matters by Century City/Los Angeles partner Nancy Bruington and Century City counsel Paul Iannicelli; and on intellectual property matters by New York partner Jeffrey Tochner.