BlackRock Inc.’s HPS and Brookfield Corp.’s Oaktree Capital Management took over a firm that provides lighting, rigging and other services for Hollywood productions, wiping out as much as $900 million of debt as the global entertainment industry struggles with changing economics, according to people with knowledge of the deal.
BlackRock Inc.’s HPS and Brookfield Corp.’s Oaktree Capital Management took over a firm that provides lighting, rigging and other services for Hollywood productions, wiping out as much as $900 million of debt as the global entertainment industry struggles with changing economics, according to people with knowledge of the deal.
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