Media & Telecommunications

Our Media and Entertainment team understands the trends that are impacting how media and entertainment is consumed and delivered and how these trends impact media companies’ business models and strategic plans. We provide strategic and financial advisory and capital raising services to the boards, management teams, financial sponsors and creditors of media and entertainment companies. Our professionals have deep domain expertise across the spectrum of the Media and Entertainment universe from traditional ad-based media to tech-enabled and digitally-delivered media. The sectors we cover include broadcasting, out-of-home advertising, online marketing, e-commerce, business information and marketing services, publishing, video gaming, filmed entertainment, pay television, digital media, live entertainment, and casino gaming. Our deep sector expertise is complemented by our ability to provide comprehensive financing and advisory solutions to our clients, including capital raising (debt and equity), mergers and acquisition advisory, and restructuring and recapitalization services. The sectors we cover include:

  • Broadcasting
  • Out-of-Home Advertising
  • Online Marketing
  • E-Commerce
  • Business Information and Marketing Services
  • Publishing
  • Video Gaming
  • Filmed Entertainment
  • Pay Television
  • Digital Media
  • Live Entertainment
  • Casino Gaming

For further information on our services, please contact:

Steven Cramer

Managing Director
Investment Banking Group
(310) 246-3617
scramer@imperialcapital.com

Steven Cramer is Managing Director, Investment Banking Group in the Los Angeles office of Imperial Capital. Mr. Cramer has more than seventeen years of investment banking and senior level operating experience, most recently as Chief Financial Officer of LBI Media, a leading owner and operator of Spanish-language radio and television stations. Previously, Mr. Cramer was a senior banker in the Los Angeles office of Credit Suisse First Boston (CSFB) and its predecessor, Donaldson Lufkin & Jenrette (DLJ), where he originated and executed a broad range of leveraged finance, mergers and acquisitions and restructuring transactions in the media, gaming and leisure, hospitality, and consumer sectors. Prior to CSFB/DLJ, Mr. Cramer was an Associate in the Los Angeles office of Morgan Stanley. Mr. Cramer began his investment banking career in Smith Barney’s Specialized Restructuring Group, where he executed financial restructuring transactions including both debtor and creditor advisory assignments for both in- and out-of-court restructurings. Mr. Cramer received a B.A. with distinction from Stanford University and an M.B.A. from Harvard Business School.

Chris Shepard

Co-Head, Investment Banking Group
Head of Capital Markets
(310) 246-3752
cshepard@imperialcapital.com

Chris Shepard is Executive Vice President, Co-Head of Corporate Finance and Head of Capital Markets at Imperial Capital. Based in Los Angeles, Mr. Shepard has over 15 years experience in financings, mergers and acquisitions, and restructurings. He has advised on over $5 billion in transactions in a wide range of industries, including healthcare, telecom, industrial, consumer, media, technology, energy, gaming and transportation. Prior to joining Imperial Capital, Mr. Shepard was an Associate at the Los Angeles office of Milbank, Tweed, Hadley & McCloy, a New York-based corporate law firm, where he specialized in public securities and mergers and acquisitions transactions. Mr. Shepard received his B.S. with a concentration in Accounting, an M.B.A. and his J.D. from the University of Michigan.