Hogan Lovells Advises News Corporation on Acquisition of Shine Group
05 April 2011
LOS ANGELES, 5 April 2011 – Hogan Lovells US LLP announced today that it advised News Corporation on the acquisition of Shine Group, the international television production group, which closed today.
"We are grateful to have had the opportunity to advise News Corporation on this transaction," said Stephen H. Kay, Managing Partner of Hogan Lovells' Los Angeles office. "We value our close and long-standing relationship with the Company."
Shine Group boasts some of the most respected and prolific production companies in the worlds of scripted and non-scripted television, now numbering 25 across three continents.
News Corporation is a diversified global media company with operations in six industry segments: cable network programming; filmed entertainment; television; direct broadcast satellite television; publishing; and other.
Hogan Lovells offers an outstanding international transactions capability, that includes critical mass in Europe and the United States. Our global presence allows us to structure, negotiate, and implement highly complex cross-border transactions on behalf of our clients. The Hogan Lovells team advising News Corporation was led by corporate partner Stephen H. Kay with assistance from associate Robert Efthimos; tax advice was provided to News Corp by Hogan Lovells New York partners Ira Sheinfeld, Philip Altman, and Jason Kaplan. This cross-border transaction also involved other lawyers from Hogan Lovells' offices in Los Angeles, New York, Washington, D.C., London, Paris, and Berlin.