Accounting Firm Specializing in Media and Entertainment Joins Marks Paneth & Shron

NEW YORK, NY--(Marketwire - Feb 4, 2013) - New York area accounting firm Rosenberg, Neuwirth & Kuchner, P.C. (RNK), which specializes in accounting and related services for the media and entertainment industries, has joined Marks Paneth & Shron LLP (MP&S). RNK and its 39 people, including six partners and three senior consultants, will operate under the Marks Paneth & Shron name. RNK focuses on privately-owned companies and is highly regarded for its expertise serving organizations involved in creative and performing arts, including Broadway and other theater, TV, music and literary work. Their entertainment practice has been in existence since 1919 and they are a leader in serving clients on Broadway and elsewhere. The firm also has significant real estate, tax planning for high-net-worth individuals and corporate audit (including employee benefit plans) practices.

"The joining of our two firms presents an excellent opportunity for all our clients, our partners and our staff. RNK's exceptional accounting and tax expertise and advisory skills, their industry insight and scope and the deep focus on serving their sophisticated client base matches and complements MP&S's approach," said Mark Levenfus, Managing Partner at MP&S.

"This tremendous expertise is already being recognized by the market. We have several exciting new opportunities and our combined strengths are already providing value to our existing clients. In this environment, an entrepreneurial culture together with industry knowledge and uncompromising service is paramount, and our clients will benefit from our well-regarded depth and breadth of knowledge and experience," he continued.

MP&S, which has nearly 475 people of whom approximately 60 are partners and principals, provides businesses with a full range of auditing, accounting, tax, consulting, bankruptcy and restructuring services, as well as litigation and corporate financial advisory work. The firm serves a continuum of industries, including real estate, nonprofit, professional and financial services, energy, hospitality, as well as media and entertainment. MP&S has a strong track record supporting international businesses, emerging growth companies, entrepreneurs, business owners and investors as they navigate the business life cycle. MP&S also specializes in providing high-net-worth individuals and their families with tax advisory and consulting services.

MP&S, whose origins date back to 1907, is the nation's 32nd largest accounting firm and the 16th largest in the New York area. Through its subsidiary Tailored Technologies, LLC, MP&S provides IT consulting services. MP&S has headquarters in Manhattan and offices in Westchester, Long Island and Cayman Islands.

For more information, please contact Katarina Wenk-Bodenmiller of Sommerfield Communications, Inc. at (212) 255-8386 or Katarina@sommerfield.com.