CBS still owns a 50 percent stake and will continue to handle the show’s distribution rights
Content Partners LLC has acquired a 50 percent interest in television franchise “Crime Scene Investigation” (CSI) from an affiliate of Goldman Sachs & Co. (NYSE: GS) for an undisclosed amount.
The franchise includes “CSI,” “CSI: New York” and “CSI Miami.” The CSI series has more than 724 one-hour episodes and airs in more than 200 countries.
CBS Corp. (NYSE: CBS) owns the other 50 percent interest in the show, and will continue to control the distribution rights.
Content already owns interest in 119 films and five television series. The company is a Los Angeles entertainment and finance firm that buys stakes in television and film franchises.
LionTree Advisors acted as Content’s financial adviser for the deal, while Bank of America Merrill Lynch and J.P. Morgan provided financing.
The deal comes a few months after Walt Disney Co. (NYSE: DIS) agreed to buy Lucasfilm Ltd., the owner of the “Star Wars” franchise. In 2010, hedge fund Pacificor bought the rights to the “Terminator” movies from Halcyon, which had filed for bankruptcy.