Content Partners Buys 50 pct. Stake in 'CSI'

By: The Associated Press Email
By: The Associated Press Email

NEW YORK (AP) - Entertainment finance firm Content Partners has purchased a 50 percent stake in the "CSI" television franchise from a Goldman Sachs affiliate.

Terms were not disclosed.

This is Content Partners' largest buyout to date and expands on its catalog of entertainment properties, which includes interests in 119 movies and five TV series.

Content Partners LLC said Thursday that the deal makes it an equal stakeholder with CBC Corp., which owns the other 50 percent interest.

Content Partners and CBS will each own half the rights of the franchise, which include the television series "CSI," ''CSI: New York" and "CSI Miami." CBS will control all domestic and international distribution rights to the series.

Bank of America Merrill Lynch and J.P. Morgan provided financing for the transaction.

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