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Mondo.NYC Speaker

Michael Poster

Partner; Head of Corporate & Securities Group, Michelman & Robinson LLP

Michael Poster, the head of M&R’s Corporate & Securities Department, represents clients in corporate and financing transactions, including mergers & acquisitions, joint ventures, venture capital investments, and debt and equity financings, with a focus on music industry deals. Michael focuses on bridging the gap between traditional corporation transactions and the music industry.

Michael also facilitates the purchase and sale of music companies and recording and publishing catalogs, as well as private equity acquisitions, venture capital investment, joint ventures and bank financing in the music space. Particularly versed in asset-based lending and the use of copyrights and other intellectual property as collateral in finance transactions, Michael’s roster of clients includes financial institutions, record labels, music publishers, entertainment-focused investment firms, and technology companies.

Michael was included in Billboard Magazine's list of ""Top Music Lawyers"" in 2018, 2019 and 2020, and was named a ""Legal Trailblazer"" by the New York Law Journal in 2020.

Education

Michael Poster earned his J.D. from New York University School of Law, where he was the recipient of the Jack J. Katz Memorial Award for academic excellence in the field of entertainment law. Michael received his B.A. from the University of Massachusetts, Amherst, magna cum laude, where he was elected to Phi Beta Kappa.

CLE: The New Music Acquisitions Market

The M&A market for music catalogs and companies has evolved significantly over the past few years. New buyers are entering the marketplace on a regular basis, with funding from a range of domestic and foreign investors. Writers and rights owners who had not considered selling are now rethinking those decisions as sale multiples continue to increase. As the economic impact of streaming continues to develop, valuation models continue to evolve in ways that are more favorable to sellers, especially of more recent material. All of this is complicated by the COVID-19 crisis and its current and predicted effect on licensing income and the consumer market. This panel will cover how the M&A market continues to develop and how it is likely to be impacted by these changes to industry economics.