FTI Consulting Adds Schuman To Media Group
FTI Consulting Inc., a global business advisory firm that helps organizations protect and enhance their enterprise value, has added Philip Schuman, HighView Media (HVM) co-founder/principal, as a senior managing director and co-leader of FTI Consulting’s Media & Entertainment group.
In his new role, Schuman, former Universal Television Distribution co-president, will co-lead the Media & Entertainment group with Luke Schaeffer and work closely as co-leaders with the firm’s valuation experts, Roy Salter and Eric Briggs.
Other senior HVM executives joining FTI Consulting include Cindy Wang and Daniel Punt, who both join the firm as managing directors. Additionally, Alexander Trauttmansdorff and Fabrice de Sez of HVM’s European unit will become affiliated with FTI Consulting to provide media and entertainment expertise in Europe. With the addition of these HVM professionals, FTI Consulting enhances its strategic, operational and transaction advisory services to media and entertainment industry companies, and their financial backers.
Schuman brings significant experience of the domestic and international television distribution markets. The HVM team adds to the firm’s knowledge in the newest areas of media — in particular, growth in OTT delivery and other technological advances — while FTI Consulting offers the HVM team global resources and business transformation tools.
The company said the HVM team’s expertise “allows FTI Consulting to expand its services to delivery platforms, including cable operators, satellite companies, IPTV providers, mobile providers and Internet platforms, and branded entertainment destinations (linear channels, online sites, among others).”
FTI Consulting’s areas of expertise include strategy development and business transformation, valuation, transaction advisory, merger integration, restructuring, interim management and litigation services, among others.