Media & Telecommunications

Fact Sheet

Experience

  • Media And Telecommunications

    • The Special Committee of SiriusXM in its agreement to combine SiriusXM with Liberty Media’s Liberty SiriusXM tracking stock group to create New SiriusXM, a new public company.
    • Warner Bros. Discovery in the offering of $1.5 billion aggregate principal amount of 6.412% Senior Notes due 2026 by WarnerMedia Holdings.
    • Providence Equity Partners in its investment in a multi-decade lease for nine marquee billboards at Two Times Square and 1600 Broadway from Universal Branding Group.
    • Providence Equity Partners in its minority investment of up to $500 million in the formation of The North Road Company.
    • Qatar Investment Authority in its $375 million co-investment in Elon Musk’s take private acquisition of Twitter.
    • TA Associates, in its acquisition of TouchTunes, an in-venue, interactive music and entertainment platform, from funds advised by Searchlight and Newlight.
    • Discovery, Inc. in the offering of $30 billion of senior unsecured notes in the acquisition of WarnerMedia.
    • Warner Music Group in its private offering of $540 million senior secured notes.
    • Carlyle, as majority owner of Syniverse, in Syniverse’s $2.85 billion merger, later terminated, with special purpose acquisition company M3-Brigade Acquisition II Corp. resulting in Syniverse becoming a publicly traded company.
    • Discovery, Inc. in the acquisition of WarnerMedia from AT&T in a Reverse Morris Trust transaction that values the combined entity at approximately $130 billion.
    • Deutsche Bank Securities, as financial advisor to Bally’s, in Bally’s combination with Gamesys.
    • The Dolan Family in MSG Entertainment’s acquisition of MSG Networks.
    • Brigade Capital Management, as debtor-in-possession lender in providing a $95 million DIP facility and a $100 million exit facility to Alpha Media in its Chapter 11 bankruptcy case.
    • GoDaddy in its acquisition of the .design domain extension.
    • GoDaddy in its acquisition of the .club domain extension.
    • GoDaddy in its acquisitions of the .club and .design domain extensions, as well as 28 domain extensions (and certain other business assets) owned and operated by Minds + Machines Group Limited (MMX).
    • Elliott Management in the restructuring of Windstream Holdings, a leading communications and software company.
    • Verizon in its $6.25 billion acquisition of Tracfone, the largest reseller of wireless services in the U.S.
    • Gogo, the leading inflight Internet company, in the successful sale of its commercial aviation business to Intelsat, which was in Chapter 11 at the time of the transaction, for $400 million.
    • The Special Committee of Liberty Broadband in Liberty Broadband’s $10.59 billion acquisition of GCI Liberty.
    • Warner Music Group in its initial public offering of 77 million shares of Class A common stock at a public offering price of $25.00 per share, representing an approximately $1.925 billion offering.
    • Tribune Media Company in its $7.2 billion sale to Nexstar Media.
    • The Special Committee of the Board of Directors of Yandex in a restructuring of its corporate governance.
    • Amazon as strategic partner to Yankee Global Enterprises in the acquisition of the YES Network from The Walt Disney Company at a total enterprise value of $3.47 billion.
    • Providence Equity Partners in its majority investment of €200 million in Smartly.io.
    • Morgan Stanley, as financial advisor to Cincinnati Bell, in the $2.75 billion acquisition of Cincinnati Bell by Brookfield. (Terminated)
    • Capital Group Private Markets and other selling shareholders in the $1.85 billion sale of Eaton Towers to American Tower. The deal won the “M&A Deal of the Year” category at the IFLR1000 Sub-Saharan Africa Awards.
    • J.P. Morgan Securities, as financial advisor to CommScope, in CommScope's $7.4 billion acquisition of ARRIS.
    • Time Inc. in its $2.8 billion sale to Meredith.
    • Discovery, Inc. in its $14.6 billion acquisition of Scripps Networks Interactive.
    • Verizon Communications in its $3.1 billion acquisition of Straight Path Communications, a leading wireless spectrum holder.
    • Warner Music Group in a two–part refinancing transaction, including its offer and sale of $250 million 4.875% dollar-denominated senior secured notes due 2024 and an offering of €345 million 4.125% euro-denominated senior secured notes due 2024 and the retirement of $450 million of outstanding dollar-denominated senior notes and €157 million of euro-denominated senior notes.
    • Tribune Media Company in the $560 million sale of Gracenote, a leading entertainment data provider, to the Nielsen Company.
    • Morgan Stanley, as financial advisor to Consolidated Communications Holdings, in Consolidated Communications Holdings's $1.5 billion acquisition of FairPoint Communications, a business and broadband communications provider.
    • Verizon Communications in the $10.54 billion sale of its local wireline operations in California, Florida and Texas to Frontier Communications.
    • The Dolan family, controlling stockholders of Cablevision Systems Corporation, in Cablevision’s $17.7 billion sale to Altice.
    • Verizon Communications in its $1.8 billion acquisition of XO Communications’ fiber-optic network business.
    • Discovery, Inc. in its $195 million investment in Lions Gate Entertainment.
    • Eutelsat in a joint venture with ViaSat to provide wholesale and retail broadband services in Europe.
    • Russia China Investment Fund in its investment in TutorGroup.
    • Helios Investment Partners in its acquisition of a majority stake in Telkom Kenya from The Orange Group.
    • Eutelsat in a partnership initiative to provide data connectivity to Sub-Saharan Africa.
    • Independent Committee of the Board of Directors of Martha Stewart Living Omnimedia in its $365 million sale to Sequential Brands.
    • The Dolan family, the controlling stockholders of Madison Square Garden, in the spin-off of Madison Square Garden’s live sports and entertainment businesses.
    • Helios Investment Partners in its minority investment in Wananchi Group as part of a $130 million investment from Helios and existing shareholders.
    • Tribune Media Company in its spin-off of Tribune Publishing Company.
    • Syniverse, a Carlyle portfolio company, in its $290 million acquisition of Aicent.
    • Carlyle in its $3.3 billion acquisition of Getty Images.
    • Tribune Media Company in its $2.7 billion acquisition of Local TV Holdings.
    • Access Industries in its $3.3 billion acquisition of Warner Music Group.
    • Verizon Wireless in its acquisition of Alltel Corporation, a transaction valued at $28.1 billion.
    • New Young Broadcasting in its $2.2 billion merger with Media General to combine the two local broadcast television and digital media companies.
    • Warner Music Group in its $765 million acquisition of the Parlophone Label Group from Universal Music Group.
    • Independent directors of News Corporation in allegations relating to phone-hacking in the United Kingdom.
    • Eutelsat Communications in its $228 million acquisition of the ES 172 Satellite and associated customer contracts and orbital rights from General Electric Capital Corporation.
    • Verizon Wireless in its $3.6 billion acquisition of Advanced Wireless Services spectrum licenses.
    • The Dolan family in the $5.5 billion tax-free leveraged spin-off of AMC Networks to the stockholders of Cablevision Systems Corporation.
    • Carlyle in the $3 billion sale of Insight Communications to Time Warner Cable.
    • Discovery, Inc. in its acquisition of BBC Worldwide’s 50% interest in the BBC Worldwide-Discovery joint ventures for Animal Planet and Liv (formerly People + Arts).
    • General Electric in the repurchase of Vivendi’s stock of NBC Universal for $5.8 billion, along with advice to NBC Universal on certain corporate matters related to the formation of the NBC Universal - Comcast joint venture valued at $37.5 billion.
    • Verizon Communications in the $8.6 billion spin-off and merger of its wireline businesses in 14 states to Frontier Communications Corporation.
    • Insight Communications in Carlyle’s sale of an equity interest in Insight to an investor group led by Crestview Partners and MidOcean Partners.
    • Providence Equity Partners in its $640 million investment in Aditya Birla Telecom, an Indian wireless communications company, and in its acquisition of the international television operations of the Hallmark Channel from Crown Media Holdings.
    • The Dolan family in its $22 billion effort to take Cablevision private.
    • Discovery, Inc. in its acquisition of HowStuffWorks.com.
    • Oxygen Media in its $925 million acquisition by NBC Universal.
    • Verizon Wireless in its $2.35 billion sale of wireless assets to AT&T and $240 million acquisition of wireless assets from AT&T.
    • An investor group led by Merrill Lynch Global Private Equity and the CEO of Cumulus Media in its $1.3 billion effort to take Cumulus Media private.
    • Greater Media in its acquisition of the Charlotte radio station cluster from Lincoln Financial Group.
    • MBK Partners in its $1.6 billion leveraged buyout of China Network Systems, Taiwan’s largest cable TV multiple system operator.
    • General Electric and NBC in their acquisition of Vivendi Universal Entertainment and formation of NBC Universal, a $43 billion broadcast, cable, studio, film and diversified entertainment company owned 20% by Vivendi and 80% by General Electric.
    • Globo in the restructuring of nearly $2 billion in debt, and the sale to Teléfonos de Mexico of a stake in Globo affiliate Net Serviços de Comunicação, the largest cable company in Latin America.
    • Hasbro in its reacquisition of video game rights from Infogrames Entertainment and related licensing of Dungeons and Dragons, Monopoly and certain other properties.
    • Globo Comunicação e Participações in its $608.4 million sale of a strategic equity stake in SKY Brasil to DIRECTV.
    • Sony in negotiations on content protection requirements for digital broadcast television.
    • Highland Capital Management in its sale of Communications Corporation of America and White Knight Broadcasting to Nexstar Broadcasting Group and Mission Broadcasting.
    • Eutelsat in its $1.14 billion acquisition of Satélites Mexicanos.
    • Beijing Galloping Horse Film and Galloping Horse America in their acquisition of the visual effects and other assets of Digital Domain Productions in a Section 363 sale under the U.S. Bankruptcy Code.
    • Lagardère in the €651 million sale to Hearst Corporation of its international magazine business.
    • Globo in a transaction with News Corp and The DirecTV Group involving the merger of Brazilian DTH pay-TV platforms Sky Brasil and DIRECTV Brasil, including negotiation of arrangements governing Globo’s continued role as a minority owner and supplier of programming to the combined company.