International technology, media and telecoms law firm Olswang has advised long-standing client Turner International, a division of Time Warner, on two transactions in recent weeks.
In early February Olswang advised Turner International's Digital Ventures & Innovation Group on its equity investment digital media sports company Bigballs Media (BBM), parent company of one of the world's fastest growing digital video platforms for football content, Copa90. BBM will use the investment to fuel its international expansion, content production and distribution arrangements. Turner is the largest provider of funding for the Series B investment round and the main strategic investor.
Olswang has also advised Turner Broadcasting on the sale of the UK version of the TruTV television channel. As part of the deal, Turner will continue to represent ad sales for the channel.
Corporate Partner and Co-Head of the firm's Media practice Paul Guite, who led both transactions, commented: "We are delighted to have advised the recently formed Digital Ventures & Innovation Group of long-standing client Turner on its investment in BBM, as well as acting on the sale of the TruTV channel. We look forward to following the success of the BBM investment and working with the Turner team in the future."
Paul Guite and Corporate Associate Sarah Wilson advised on the BBM investment. Paul and Sarah, along with Commercial Partner John Enser, Tax Partner Stephen Hignett and Senior Associate (Barrister) Robert Sartor advised on the sale of TruTV.
The firm has an unparalleled standing in the international media industry, both for its sector knowledge and long-standing client base in the TV, film, music and advertising industries.
Olswang's Media practice is consistently ranked in the top tier of leading legal directories.
Read more about Olswang’s international legal practice on the firm’s website.
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Olswang LLP is an international law firm and a European and Asian leader in technology, media, telecommunications and real estate. The firm comprises of almost 700 people including 100 partners, across six international offices. Olswang is part of a 'best friends' network of leading independent law firms throughout the world.
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