O’Melveny Advises Starz in Starzplay Arabia Acquisition by Abu Dhabi Consortium三月 31, 2022
FOR IMMEDIATE RELEASE
CENTURY CITY—March 31, 2022—O’Melveny advised Starz in connection with the sale of a 57% majority stake in Starzplay Arabia to an Abu Dhabi-based consortium led by E-Vision, an affiliate of e& (formerly known as Etisalat Group), and ADQ.
The transaction was announced on March 17 and remains subject to regulatory approvals and certain administrative procedures.
With nearly 2 million subscribers across 19 countries, Starzplay Arabia is a leading subscription video on demand (SVOD) and streaming service provider in the Middle East and North Africa.
Starz and its parent company Lionsgate will maintain commercial agreements for content licensing to the venture.
Starz is a leading global media streaming platform committed to delivering premium content that amplifies narratives by, about and for women and underrepresented audiences.
The O’Melveny team advising Starz was led by Entertainment, Sports & Media corporate partners Bruce Tobey and Silvia Vannini, and counsel Cailey Cavanaugh, Zach Greenberg, and Evie Whiting, with support from partners Ryan Coombs, Bob Fisher, Sevda Staykova, counsel David Ribner, and associate Luisa Lizoain.
O’Melveny has been synonymous with entertainment law since Hollywood’s Golden Age of the 1930s. The firm has repeatedly helped major players in film, television, digital media, production and distribution, gaming, music, and finance forge groundbreaking deals and resolve high-profile disputes. As shifting financial models and technological advances transform today’s entertainment and media business, O’Melveny remains a firm of choice for industry leaders.
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