Published on September 30, 2021

Cast & Crew is a leading provider of software and services to the entertainment industry, automating most of the payroll, accounting, and management functions related to television and film production.

Its product offering is customized to meet the diverse needs of television and film production that include daily, weekly, or ad hoc payments, residuals, production management, benefits accounting, and tax incentives. The company has long-standing relationships with marquee TV, film, and digital studios such as Warner Bros., Disney, 20th Century Fox, HBO, Viacom, Paramount, Netflix, Amazon, and Hulu. Cast & Crew also works with some of the leading shows, performers, and venues such as Coachella, Bruno Mars, and Staples Center. During fiscal 2020, the company processed almost $11BN in gross wages despite temporary production shutdowns and a significant reduction in live events related to the global pandemic.

Cast & Crew prides itself on making production easier, but they also make it more sustainable. Their product offering helps eliminate printed purchase orders and start forms and replaces them with low-energy, paperless, and mobile-friendly processes. The company’s digital forms can reduce carbon emissions by almost a metric ton for the average large-budget production. Cast & Crew’s products and services also support remote work, eliminating the need for extensive travel to coordinate every aspect of production. The company partners with the British Academy of Film and Television Arts (BAFTA) to trace the carbon footprint of television and film productions and shares best practices to reduce them. BAFTA’s recent annual reports showed that television production had reduced carbon emissions by 10% over the last two years. Cast & Crew continues to expand its products and services to help production companies identify carbon outputs so they can be proactive in further carbon reductions and measure improvements.

Sustainability is a priority within Cast & Crew’s operations as well. The company handles a significant amount of sensitive data and works diligently to protect that information. Multi-factor authentication has been fully rolled out to internal and external users to verify the correct persons have access to sensitive data. Given the vast amounts of information it has access to within its systems, Cast & Crew is subject to numerous privacy policies. Privacy policies are required to meet Health Insurance Portability and Accountability Act (HIPAA) standards, as well as the EU General Data Protection Regulation (GDPR) due to the company’s operations in Europe. Cast & Crew has recently increased its focus on diversity by launching an internal task force that established five areas of focus (Empowerment, Dialogue, Training and Education, Hiring, and Involvement) for the company to achieve greater diversity, equity, and inclusion in the workplace.

Community involvement is another important pillar in Cast & Crew’s sustainability mission. In the U.S., the company has partnered with Burbank High School and the Burbank Boys and Girls Club to encourage youth empowerment through creativity. The company sponsors a team every year in the American Cancer Society’s Relay for Life event that raises money to fund cancer research and provide education and assistance to those battling the disease.

With a leading market share across TV, digital streaming, feature film, and commercials, Cast & Crew has the opportunity and intent to make meaningful progress in the areas of sustainability throughout the entertainment industry.

Marcus Moore

Assistant Portfolio Manager

Written by

Marcus Moore

Assistant Portfolio Manager

Marcus Moore

Assistant Portfolio Manager

Marcus Moore joined Osterweis Capital Management in 2022 as part of the Zeo Capital Advisors team transition, where he was an Assistant Portfolio Manager focused on credit research, including sustainability analysis. Before joining Zeo in 2019, Mr. Moore worked at Wells Fargo Bank for 14 years as an Analyst within Principal Investing, responsible for the retail, consumer, and gaming sectors across various asset classes including high yield bonds, leveraged loans, and structured products. Prior to working at Wells Fargo, Mr. Moore worked at Edison Mission Energy as an analyst and at Hamilton Resources, Procter & Gamble, and Goldman Sachs.

Mr. Moore is an Assistant Portfolio Manager for the sustainable credit strategies.

Mr. Moore graduated from Morgan State University in Baltimore, MD (B.S. in Accounting) and from the University of California, Los Angeles Anderson School with an M.B.A. He also holds the CPA designation.

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Past performance does not guarantee future results. This company was not selected for performance-based reasons, and was instead selected to emphasize the types of issuers that the Osterweis Sustainable Credit Team seeks to invest in based on its sustainability mandate.

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