Entertainment Studios Names Ronnie Ng CFO

Byron Allen’s Entertainment Studios has appointed Ronnie Ng chief financial officer and head of corporate development. Ng will work out of the Entertainment Studios headquarters in Los Angeles.

Last month, Entertainment Studios announced it had secured $500 million in credit facilities for general business purposes: productions, co-productions, and acquisitions.

In his new position, Ng will manage corporate finances, strategic investments, risk management, and data analysis for all Entertainment Studios corporate entities under Allen Media, including broadcast television syndication, advertising sales, all eight 24-hour HD television networks, and digital platforms — as well as theatrical motion picture co-productions and global distribution for Allen’s theatrical and digital movie distribution divisions Entertainment Studios Motion Pictures and Entertainment Studios Digital Media.

Ng reports directly to Chairman-CEO Byron Allen and will work closely with Eric Gould, EVP-chief investment officer.

Ng has more than 17 years of experience in negotiating and structuring mergers and acquisitions and leveraged finance transactions within the media and entertainment industry. He comes to Entertainment Studios after five years at TCW Group, which has approximately $198 billion in assets under management. At TCW, Ng was VP in the fixed income group, where he specialized in media and technology corporate debt and bond investing.

Prior to TCW Group, Ng was executive director of the media and communications group of UBS Investment Bank for six years. Before joining UBS, Ng held similar investment banking positions at Deutsche Bank Securities and Houlihan Lokey. He also held positions at Arthur Andersen LLP.

Ng earned his B.S. from University of Illinois at Urbana-Champaign.