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BlackRock, Oaktree Seize Movie Servicer With $900 Million Debt

Bloomberg Markets Wednesday 19 August 2026, 22:58 UTC By John Gittelsohn and Silla Brush 1 min read
Key Points

BlackRock Inc.’s HPS and Brookfield Corp.’s Oaktree Capital Management took over a firm that provides lighting, rigging and other services for Hollywood productions, wiping out as much as $900 million of debt as the global entertainment industry struggles with changing economics, according to people with knowledge of the deal.

BlackRock Inc.’s HPS and Brookfield Corp.’s Oaktree Capital Management took over a firm that provides lighting, rigging and other services for Hollywood productions, wiping out as much as $900 million of debt as the global entertainment industry struggles with changing economics, according to people with knowledge of the deal.
BlackRock (ORG) Oaktree Seize Movie (ORG) HPS (ORG) Brookfield Corp.’s (ORG) Oaktree Capital Management (ORG) Hollywood (LOCATION)
Originally published by Bloomberg Markets Read original →

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