Paramount, Deutsche won't partner

July 14, 2008 The studio has called off its pursuit of a $450 million film-financing arrangement with Deutsche Bank, while the bank has closed its film-finance unit altogether in the face of declining interest from outside investors. The major obstacle to the deal appears to have been the senior debt component, an unattractive prospect to investors in such a tight credit climate. "Eventually, this was bound to happen," said David Davis, an entertainment valuations expert and managing partner at Arpeggio Partners.

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