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BlackRock, Oaktree Seize Movie Servicer With $900 Million Debt

BlackRock Inc.’s HPS and Brookfield Corp.’s Oaktree Capital Management took over a firm that provides lighting, rigging and other services for Hollywood productions, wiping out as much as $900 million of debt as the global entertainment industry struggles with changing economics, according to people with knowledge of the deal.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Brewers' Pat Murphy doesn't think his team has played great. Milwaukee's record suggests otherwise

Pat Murphy doesn’t sound like the manager of a team with the best record in the major leagues as he discusses what the Milwaukee Brewers have accomplished thus far.

  • Milwaukee Brewers manager Pat Murphy doubts team's greatness despite 22-0 win
  • Brewers on track for eighth playoff berth in nine years, chasing fourth consecutive NL Central title
  • Team's success attributed to resilience and strong pitching coaching

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