Film Library Financing
Hey Monkeys,
I have been asked to do some research into film library financing. My boutiques resources are pretty slim and online searches do not reveal anything as recent. What I am curious about is what is the general LTV given to film libraries? A 2011 Bloomberg article stated that LTVs dropped from 60% to 25-30%. I would not be surprised if that is still the rate given that these aren't exactly hard assets.
Any help in this space would be greatly appreciated.
Thanks,
XSX