Credit crunch may squeeze slate funders, says Fazio
The rising cost of credit in the US sparked by the recent collapse of the mortgage sector has made film financing a more precarious business, according to Deutsche Bank's new global head of media and entertainment structured finance Laura Fazio.'People are concerned that the debt costs around these transactions have risen,' Fazio said in an interview with the Financial Times. 'The pricing on them looks tough. I don't think anyone is jumping in right now [as a new investor].'
Continue reading – simply subscribe below
Screen International Subscribers:
Not a Screen International subscriber?
Find out more about all the benefits of a subscription to Screen International.