Will the PE-backed stampede in entertainment and media rebound?

November 02, 2007 [...] a bull run of buyouts of entertainment companies, in both the U.S. and Europe, turned a dozen private equity players into household names in Hollywood and beyond. [...] an increase in deal multiples financed by the cheap debt that investment banks have made available by the billions has caused private equity investors and banks to become skittish. That, coupled with both the ongoing turmoil in the high-risk subprime mortgage space and this summer's global credit crunch, has brought the flow of PE-led buyouts in the media and entertainment field to an abrupt halt.

Subscribe to the Hollywood Reporter and see the entertainment industry from its best angle: the inside looking out. Complete access to real-time news and exclusive analysis that goes behind the scenes from film to television, home video to digital media.

   Subscribe now.