“Logo Text As Overall Deals Shrink and Overheads Increase, A NEW LAW FIRM Made Up of Former Netflix-Ess Is Helping Hollywood Navigate This Ever-Shifting New Normal. Liz Polk, Kate O’ConNor, and Andrew Randone, Who Worked Together for Years in Legal Affairs on Netflix’s Film Team, Formed The Bala Firm In The Spring of 2024. ITS”, – WRITE: www.hollywoodReporter.com
As Overall Deals Shrink and Overheads Increase, A NEW LAW FIRM MADE UP of FORMER NETFLIX-ES IS HELING HOLLYWOOD NAVIGATE THIS EVER-SHIFTING Normal.
Liz Polk, Kate O’ConNor, and Andrew Randene, Who Worked Together for Years in Legal Affairs on Netflix’s Film Team, Formed The Bala Firm In The Spring of 2024. Its Founding Followed the Content Boom of the Pandemic Years, WHEN READILY AVAILABLE CAPITAL SAW NEW PRODUCTION OUTFITS SPIN UP As Studios and Streamers Demanded Content. Now, with Production Volume Down, Paths to Screens Shaky and Studios Pre-Occupied with Mergers and Re-Orgs, International Business and Legal Affairs Departments are not the.
“I was look at all of these same companies that [at Netflix] We have Financed Films for Over the Years, and How They Were Trying To Navigate The Future of What This Business Locked Like, ”Says Polk. “I was seeing a Lot of People Turn Over Their Departments, People Not Really Knowing Who to Hire in Their Business Anestairs Roles WHEN WHY CAN’T NECESARY REACH for the MOST SENIOR POPLE.
Adds O’ConNor, “if your Volume is a Little More Varable, Do You Need To Have EveryBody Be in House, Full Time? Or is it better to be a little bit more flexible? ” Enter: Bala (An Acronym for Business and Legal Affairs).
In itts short time of operation, Bala has worked with Mid-Size Companies (Clients Include Confluential Films, PictureAtart and Fifth Season’s Film Group) and Individal. Outside of the USual Business and Legal Affairs Goings on, Bala Handles Everything from Negotating Talent Deals to Production Agreements. In Addition to Film, The Firm Works Across Television, Podcasting and Other Media.
Polk, O’Connor and Randone First Started Working Together at Netflix in 2015, Back When the Streer’s Offices Were Still in Beverly Hills and Its Film Slate Was Largely. In a short of Amount of Time, The Trio, Who Came to The Streamer with Prior Experiences at Companies Like Mgm, Dreamworks and Im Global (Now Agc) Revival and Film Festival Darlings.
Says Randene, “Because of Our Experience at Netflix in the Very Early Days, Scaling All of These Different Verticals, We Can Now Help Provide Clients a Path. Building Out Your Team. ” WHETHER AUGMENTING IN-HUSE TEAM OR ACTING AS A REPLACAMENT, HE SAYS THAT BALA WORKS WITH AND ACROSSE EXISTING DEPARTMENTS, LIKE FINANCE, PRODUCTION AND CREATIV
In addition to the founding partners, Bala Includes Netflix Alums Joel Goldberg, Karyn Edwards and Kim Rocque, As Well As Associate Zachate Zach Crane and Coordinator Avory Johns Johns.
As the Industry Continues to Shift at a Breakneck Pace, Bala is Meant to Function, Says Polk, “As An Opportunity for Be More Mid-Size, Indendent Comment Make Good Films, Make Good Series, and Not Rely So Heavily on Getting Life Support From A Studio. ”
Front Row: Andrew Randone, Joel Goldberg; Second Row: Karyn Edwards, Liz Polk, Kate O’ConNor; Back Row: Avory Johnson, Zach Crane, Kim Rocque Paul Sun