This article was produced by Olswang LLP, which joined with CMS on 1 May 2017.
International technology, media and telecoms law firm Olswang has advised London and LA-based film, television and digital sales company Content Media Corporation Plc (CMC) on the sale of its entire issued share capital to Kew Media Group Inc, a Canadian special purpose acquisition corporation focused on the media sector. The deal is expected to complete in March.
The deal sees Kew Media take 100% ownership of CMC along with five other acquisitions totalling US$104m. Kew will also acquire the following CMC controlled production companies: Alex Gibney’s Jigsaw Productions, Campfire Film & Television, Collins Avenue Productions, Finland’s Aito Media and Spirit Digital Media.
CMC recently sold projects such as Sundance premiere Cries From Syria and distributed BBC police drama Line of Duty.
Corporate Partner Paul Blackmore commented: "Having acted for Content for over 15 years it was a pleasure to advise the Company on its sale to Kew Media Group. This is part of a significant acquisition in the content media space, and we look forward to supporting Content on this wider platform with Kew Media."
Paul Blackmore led the Olswang team, which comprised Corporate Senior Associates Theo Godfrey and Nicole Gyring-Nielsen, Corporate Associate David Wood, Tax Partner Mark Joscelyne, Share Schemes Partner Andrew Quayle, Share Schemes Legal Director Catherine Merry and Trainee Dave Johns.
Olswang's Media practice is consistently ranked in the top tier of leading legal directories Chambers & Partners and The Legal 500.