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The Deal Reports O’Melveny’s Role in Alibaba’s Amblin TransactionOctober 10, 2016
The Deal reported that O’Melveny partners Matthew Erramouspe and Sean Monroe represented Alibaba Pictures Group Ltd. in its purchase of a minority stake in Steven Spielberg’s Amblin Pictures production company. The transaction will partner Alibaba and Amblin to co-produce and finance films for global and Chinese audiences. The publication called the deal, which was announced October 9, 2016, the “latest example of China’s appetite for movie studios.”
Century City-based Erramouspe is co-chair of O’Melveny’s Entertainment, Sports, and Media Transactional Practice. Monroe, also based in Century City, focuses his practice on complex mergers and acquisitions, joint venture, private equity, and corporate finance transactions, with particular experience in advising entertainment and media clients.