Sports and Entertainment
EisnerAmper's Sports and Entertainment Group exists to help clients navigate this dynamic change, operate efficiently, mitigate risk, improve their bottom lines, and consider new ways to enhance revenues, IP value and profitability.
Sports and entertainment industry organizations move in very public and fiercely competitive business environments. Behind the scenes, the proliferation of content distribution channels, profound changes in fan demographics and viewer consuming habits, and increasingly intricate intellectual property arrangements present a steady stream of high-stakes opportunities and potential pitfalls.
EisnerAmper works with sports organizations at the league and franchise level, with team owners and with arenas and stadiums. We also work with entertainment companies, including broadcasters, filmed entertainment, publishers, advertisers and programmers. In addition, we serve individual athletes and entertainers.
Our clients engage us for comprehensive audit, accounting, and tax services. They also hire us for sector-specific advisory issues, including allocation of purchase price, revenue sharing, collective bargaining, salary caps, gross receipts verification, cost segregation and film tax credits. EisnerAmper teams perform royalty audit and contract compliance work and offer services to the licensing community.
Clients count upon EisnerAmper’s extensive sports and entertainment experience in facing operational issues such as revenue recognition and expense allocation at the venue and tax-jurisdiction levels, leveraging of tax credits and local production incentives, and securing of legal support services in cases of defalcation investigations. They have come to expect similar expertise when turning to us for transaction counsel, including the structuring of team operations or holding companies, and the evaluation of potential acquisitions or sales.
We take great pride in forming collaborative relationships with the in-house professionals at our sports and entertainment clients, whether producers or production and budget executives at film companies, or front-to-back office personnel and legal counsel at sports organizations. We have been recognized, repeatedly, not just for the value of our service but for the durability of our relationships, based upon complementary skills and jointly crafted solutions.
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Richard Nachmias is an Audit Partner and Partner-in-Charge of the firm's Sports and Entertainment Group. Rich has more than 25 years of experience providing services to companies in the media and technology industries.
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