After multiple waves of tariffs, some now in effect and more being readied, a second front threatens to open up in the ongoing trade dispute between China and the U.S. — one that can only be bad for Hollywood.Economists are openly talking about a currency war between the world’s two largest economies. U.S. Treasury Secretary Steven Mnuchin has warned that Washington is considering a formal review of whether China is manipulating its currency, the renminbi (RMB, or yuan), which has...
East West Bank
Bennett
Pozil
EVP / Head, Corporate Banking
Pozil and his team at East West Bank extended in excess of $1 billion in recent months, funding projects including Roland Emmerich’s $140 million sci-fi epic “Moonfall,” the Gerard Butler-toplined thriller “The Plane,” the Judy Blume adaptation “Are You There God? It’s Me, Margaret,” Marc Forster’s “White Bird” and the Starz series “Heels,” along with hundreds of hours of TV produced by Tyler Perry. East West structured corporate facilities for mobile gaming giant Scopley, audiobook publisher Podium and kid-focused media company Moonbug. A pioneer in cross-border U.S.-China financing, Pozil has cut many headline-making deals of late, including Perfect World’s $250 million debt facility for Universal’s film slate and Bona Film’s investment in Quentin Tarantino’s “Once Upon a Time… in Hollywood.”