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O’Melveny’s Scharf Quoted on Chinese Investment in HollywoodAugust 15, 2016
O’Melveny partner Stephen Scharf is quoted in the July 27, 2016, Asian Venture Capital Journal article “China Media: Light, Camera, Regulation.” The piece focuses on the surge of Chinese capital flooding into Hollywood, from movie financing deals to production house acquisitions.
“There are a lot of negotiations going on over non‐Chinese companies doing business in China and Chinese companies doing business overseas. Many deals have closed but some have not. It is often complex because the parties haven't dealt with each other before, or because of government regulation. But it's an active market and I think it will stay that way for the next couple of years at least,” Scharf said.
Scharf, co-chair of the firm's Entertainment, Sports, and Media Transactions Practice, continues to be widely recognized as one of the most creative dealmakers in the entertainment and media industry. He resides in O’Melveny’s Century City office.