Magazine article Screen International

Bianca Goodloe, Goodloe Law

Magazine article Screen International

Bianca Goodloe, Goodloe Law

Article excerpt

Entertainment lawyer Bianca Goodloe talks to Jeremy Kay about guiding wealthy clients into Hollywood investments and reasons for optimism in the independent sector.

When entertainment attorney Bianca Goodloe says it has become easier to make independent films, the time might be right for cautious optimism.

Of course no self-respecting lawyer would counsel reckless behaviour and Goodloe is a believer in the benefits of knowledge and due diligence, as her stable of global high-net-worth individuals would attest.

However the US and European-registered advocate - and managing partner of Goodloe Law - does see opportunity in the sector for creative deal-making afforded by the shifting landscape.

"You can gamble that much more in the independent space," says Goodloe, a regular on the conference circuit.

She should know. As an associate in the Prague and Berlin offices of Linklaters, Goodloe cut her teeth executing legal work on studio franchises such as Harry Potter, Rush Hour and Tomb Raider.

She left Linklaters in 2003 and the following year she established her own practice, Goodloe Law, in New York, specialising in film finance, entertainment law, intellectual property and independent development and production.

In 2009 she set up the Los Angeles office. The firm has a presence in London and Goodloe plans to open a satellite office in Georgia this winter followed by a Dubai hub in 2014.

"There is a lot of private equity coming into the space and it's getting harder and harder to make studio films and easier and easier to make independent films," says Goodloe, a highly articulate polyglot who is also an adjunct professor of entertainment law at New York University and the University of California, Los Angeles.

"Ten years ago it was about putting together a minimum amount of sales and getting as much debt as possible. Private equity was impossible to find," she says. "But now because private equity seems to be more prevalent and budgets have gone down and technology has enabled productions to take place for not a lot of money, it's getting easier.

"I don't know if it's a meritocracy yet, but it's not a long way off. With the advent of [The Weinstein Company's new multi-platform distribution label] Radius-TWC and others, you don't live or die by theatrical and that's why it's exciting now. …

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