Howard R. Schuster
- Additional Crew
- Producer
Mr. Schuster and the company he founded, Major Studio Partners LLC ("MSP"), and its predecessor companies, have organized and are responsible for raising some $5 billion for the production and world-wide distribution in all principal media of numerous feature films in partnership with such US major studios including Twentieth Century Fox and Warner Bros.
Mr. Schuster has been responsible for many innovations in film financings over; (i) first off balance sheet equity financings for Warner Bros. and Fox, (ii) negotiated the use of Recourse Notes in film financing with the US House Ways and Means Committee and passed into legislation, (iii) introduced the first "print and advertising" tax deduction, (iv) first to create a national syndication of film financings through stock brokerage and investment banking firms, (v) first "production satellite" for a US major studio and, (vi) pioneered both the public limited partnerships and the large film slate financings for the major studios, among others. Mr. Schuster has also provided financings to other industries including real estate, energy, aircraft, medial instruments and online brokerage.
Prior to MSP, Mr. Schuster was an investment banker at EF Hutton (Assistant to the Vice Chairman) and at Loeb Rhoades (Reported to the Senior Partner). He is a graduate of the University of Virginia (Economics and History) and Columbia University Graduate School of Business (finance). Mr. Schuster was also a US Navy Officer and in charge of the Combat Information and Radar Center and the 160 sailor Operations Intelligence Division on the aircraft carrier USS Antietam.
Mr. Schuster has been responsible for many innovations in film financings over; (i) first off balance sheet equity financings for Warner Bros. and Fox, (ii) negotiated the use of Recourse Notes in film financing with the US House Ways and Means Committee and passed into legislation, (iii) introduced the first "print and advertising" tax deduction, (iv) first to create a national syndication of film financings through stock brokerage and investment banking firms, (v) first "production satellite" for a US major studio and, (vi) pioneered both the public limited partnerships and the large film slate financings for the major studios, among others. Mr. Schuster has also provided financings to other industries including real estate, energy, aircraft, medial instruments and online brokerage.
Prior to MSP, Mr. Schuster was an investment banker at EF Hutton (Assistant to the Vice Chairman) and at Loeb Rhoades (Reported to the Senior Partner). He is a graduate of the University of Virginia (Economics and History) and Columbia University Graduate School of Business (finance). Mr. Schuster was also a US Navy Officer and in charge of the Combat Information and Radar Center and the 160 sailor Operations Intelligence Division on the aircraft carrier USS Antietam.