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. In fact, he is one of the few attorneys in the country with a deep knowledge of the music business, on the one hand, and extensive experience in sophisticated corporate, private equity, finance and M&A transactions, on the other. In addition to music-related deals, Michael represents a range of private and public companies, including private equity groups, hedge funds, institutional lenders, strategic buyers, entrepreneurs and individual investors, in corporate matters across a broad range of industries, such as agriculture, financial services, apparel, insurance, advertising, telecommunications, defense technology and equipment rental, among others. With an approach to transactions that is both practical and business-focused, Michael is an extraordinarily effective strategic counselor and deal manager. In addition to his M&A and mid- and late-stage venture financing work, Michael handles executive employment agreements, merger proxies and other federal securities filings, and seeding and management of hedge funds and private equity funds. As referenced above, he 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. Named by Billboard as a top music lawyer for 2018, 2019 and 2020 and named to the New York Law Journal's list of "New York Trailblazers" for 2020, Michael is a frequent commentator and writer on issues related to corporate finance, music and, more broadly, entertainment, having been quoted in The Wall Street Journal, Crain’s New York Business, and Billboard. He also regularly participates as a panelist at industry conferences on corporate and entertainment law, including CMJ and Mondo.NYC (Michael served as CLE Chairman of these global business summits of music and tech industry insiders and innovators, emerging artists and their fans).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.
Catalog Shopping 2021
10/15/21, 6:00 PM
The catalog sale market continues to expand and evolve, with existing buyers expanding their holdings, the major labels getting back into acquisitions, and new players emerging on a weekly basis. In addition, the types of assets being acquired, and the deal sizes (both larger and smaller), are broadening in ways never before seen. This panel will discuss these changes in the marketplace and will feature the voices of several prominent buy-side and sell-side experts as they discuss how these changes are affecting the deal-making process.
CLE: The New Music Acquisitions Market
10/16/20, 4:00 PM
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.