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Shamrock Capital has entered into a long-term partnership with New Regency that will see the Los Angeles-based investment firm’s content strategy division acquire participation in the cash flows of the production company’s film and television library.

“We are thrilled to partner with New Regency’s leadership team as they embark on their next phase of growth through this innovative financing transaction,” Shamrock Capital partners Jason Sklar and Patrick Russo said in a statement. “Our investment philosophy centers on supporting premium and evergreen content, and New Regency’s acclaimed film and television library, which includes iconic titles and award-winning stories, is Best In Class across the global landscape of independent studios.”

“New Regency has always taken a nimble, creator-first approach to the business,” New Regency Chairman and CEO Yariv Milchan added. “By aligning with Shamrock, a partner that shares our vision and values, we’re able to position the...

Multi Oscar winning producer New Regency has entered into a partnership with Los Angeles investment firm Shamrock Capital, whose Shamrock Content Strategy is taking a participation in the studio’s 35-year-old plus film and television library.

In addition, a standalone production credit facility was entered into by New Regency’s production arm to borrow in connection with new film, television, and media projects—including building on its past IP to create innovative content, alongside a new credit facility supporting its library. These credit facilities are provided by JPMorgan Chase Bank, N.A.

The partnership with Shamrock relates solely to the New Regency library participation and will not be used to fund the production arm. Also note, Shamrock isn’t taking an equity stake here in the New Regency library, rather it’s a long-term commitment in the studio’s library cash flows.

New Regency’s partnership with Shamrock ensures long-term...

New Regency has secured a library investment from Shamrock Capital as well as production and library credit facilities from a syndicate of banks led by Jp Morgan Chase.

Investment firm Shamrock’s Content Strategy division is making a long-term investment in New Regency’s film and TV library, which has been amassed over 35 years and includes Oscar-winning features such as The Revenant, Birdman and 12 Years a Slave. The arrangement is understood to give Shamrock a long-term participation in cash flows from the library.

The Jp Morgan syndicate is providing New Regency’s production arm with a credit facility for new film,...

Shamrock Capital, the LA-based investment firm created by the late Roy E. Disney, has closed a new content fund with $400 million in committed capital to acquire existing entertainment IP rights in film, TV, music and video games.

The Shamrock Capital Content Fund II follows an inaugural fund that raised $250 million and holds an interest in more than 800 films, 1,000 television episodes, and 5,000 music compositions. The funds don’t invest in unreleased content but beyond that have a broad scope, eyeing product that was just released into its initial window, to content that’s decades old. It tends to acquire rights directly from producers, directors, showrunners and artists versus major studios.

The deals aren’t announced but occasionally a seller will agree to make them public. In fall 2018, Shamrock acquired Tor Hermansen and Mikkel Erikson’s Stargate music publishing catalog with Katy Perry’s Firework, Rihanna’s Diamonds and Beyonce’s Irreplacable.