In this episode, Lori Schwartz, Global Head of Treasury Services at J.P. Morgan Payments, is joined by Brooke Tilton-Foley, Vice President of Treasury Operations at Paramount, to discuss the unique financial challenges of the movie production industry. They dive into the intricacies of managing global payments, liquidity, and vendor relations across dynamic film locations. Brooke shares insights into how Paramount’s treasury team ensures smooth financial operations, from using petty cash for on-site expenses to leveraging J.P. Morgan Payments technology for seamless global transactions. They also discuss future trends in electronic payments, the importance of strong banking partnerships and Brooke’s approach to mentorship and diversity within the finance industry.

Disclaimer: The views and opinions expressed herein are those of the author and do not necessarily reflect the views of J.P. Morgan, its affiliates, or its employees. The information set forth herein has been obtained or derived from sources believed to be reliable. Neither the author nor J.P. Morgan makes any representations or warranties as to the information’s accuracy or completeness. The information contained herein has been provided solely for informational purposes and does not constitute an offer, solicitation, advice or recommendation, to make any investment decisions or purchase any financial instruments, and may not be construed as such.

Sources:
“Founded in 1912, Paramount Pictures has produced some of the most iconic films of the 20th and 21st centuries, including The Godfather, Titanic and Mean Girls.”1

(Bob Roath Head of Production Finance. Interview by J.P. Morgan Payments, December 19, 2023)

-“In 2023 alone, its films generated $2 billion at the global box office and delivered five No. 1 debuts at the domestic box office.”2
Paramount Global. (2023, May 4). Paramount Reports First Quarter 2023 Earnings Results.

Additional Resources:

Lori Schwartz’ LinkedIn

Brooke Tilton-Foley’s LinkedIn

Paramount Pictures streamlines global payments with J.P. Morgan Payments

In this episode, Max Neukirchen and Umar Farooq explore the incredible transformation of J.P. Morgan Payments over the past decade. From the integration of treasury and merchant services to the rise of real-time payments and biometrics, they highlight the challenges and opportunities in an ever-evolving payments landscape.

Disclaimer:
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of J.P. Morgan, its affiliates, or its employees. The information set forth herein has been obtained or derived from sources believed to be reliable. Neither the author nor J.P. Morgan makes any representations or warranties as to the information’s accuracy or completeness. The information contained herein has been provided solely for informational purposes and does not constitute an offer, solicitation, advice or recommendation, to make any investment decisions or purchase any financial instruments, and may not be construed as such.

Max Neukirchen’s LinkedIn

Umar Farooq’s LinkedIn

In this episode of Pay It Forward, hosts Mike Blandina and Mike Lozanoff discuss the high-stakes, fast-paced world at J.P. Morgan Payments and the critical work required to keep payments seamless—even during peak days like Black Friday. Hear insights into bridging technology and business, the importance of “silent nights” during high transaction periods, and the intense preparation that supports over 450 million daily transactions. Join us for a look behind the scenes at how what it takes to keep the global payments system running smoothly.

Disclaimer:
The views and opinions expressed herein are those of the author and do not necessarily reflect the views of J.P. Morgan, its affiliates, or its employees. The information set forth herein has been obtained or derived from sources believed to be reliable. Neither the author nor J.P. Morgan makes any representations or warranties as to the information’s accuracy or completeness. The information contained herein has been provided solely for informational purposes and does not constitute an offer, solicitation, advice or recommendation, to make any investment decisions or purchase any financial instruments, and may not be construed as such.

Additional Resources:
Mike Blandina's LinkedIn

Mike Lozanoff's LinkedIn