Copyright © Media Law International 2018. All Rights Reserved.
Specialist Guide to the
Global Leaders in Media Law Practice
Copyright © Media Law International 2015. All Rights Reserved.
The Federal Communications Commission (FCC) has announced plans to loosen media ownership rules in the US in a move that is expected to increase media market consolidation.
Voting in November 2017, the Republican-led FCC moved to eliminate a 42-year-old ban on cross-ownership of a newspaper and TV station in an individual market.
The regulatory change will make it easier for media companies to buy additional TV stations in the same market. Although the new rules were passed in a 3-2 vote, they may be challenged in court. If implemented, the changes will be the most significant to ownership regulation in a generation.
The media cross-ownership ban was intended to protect market diversity but has since been criticised for being outdated, given the rise of online media. In a report issued on 16 November, Fitch Ratings analysts commented that the regulatory update could lead to deals in the market, including spin-offs and swaps that would allow TV stations to boost their presence in particular markets.
The report highlights content as a ‘valuable asset’ for TV broadcasters, adding that the new rules ‘could spur more local TV broadcasters to acquire newspapers in the same market given the value of
the local news content from the newspapers and potential cost synergies associated with that type of consolidation’.
Over the past year, merger and acquisition activity in the media industry included one of the biggest media tie-ups to date. In December 2017 Walt Disney announced it will acquire 21st Century Fox for USD 52.4 billion.
The all-stock transaction includes 21st Century Fox’s film and TV studios, cable entertainment networks and international TV businesses.
In legal market developments, media law boutique firm Levine Sullivan Koch & Schulz (LSKS) merged with Philadelphia-based law firm Ballard Spahr, in a deal that creates a powerhouse combination.
All 25 of LSKS’ lawyers, including its four name partners, join Ballard Spahr, which has offices in Washington D.C., New York and Denver. Under the terms of the agreement, which took effect on 01 October 2017, the single entity will operate under the firm name Ballard Spahr.
Ballard Spahr significantly expanded its capacity after its merger with Kramer Levin Naftalis & Frankel, which took effect on 01 October 2017. The firms operate under the name Ballard Spahr and together and together create a powerhouse combination with expertise in news, entertainment, sports, publishing and advertising. With decades of experience, lawyers assist some of the largest media clients, including advertisers nationally and worldwide.
Cooley has an unfaltering reputation for sector specialisation. The practice is frequently praised for its media industry dedication and is highlighted by competitors nationally. Lawyers have broad experience structuring and negotiating transactions involving video and music content, including deals with leading US film studios, television networks, record companies and performing rights societies. The media division is led by Adam Ruttenberg in Washington and Jennifer Massey in Los Angeles and involves representation of established and start-up companies.
Davis & Gilbert clients praise the firm's Entertainment, Media & Sports practice, saying "[their] delivery on objectives is phenomenal. They understand how to evaluate a matter, get to the heart of it, and drive to the most optimal outcome." Led by partners Ashima Dayal and Jim Johnston, the group skillfully handles both deals and disputes and regularly conducts pre-publication and pre-broadcast content review and provides advice on privacy, intellectual property, libel and other sophisticated issues posed by that content. Clients range from authors, artists and athletes to publishers, producers, developers and distributors, across all content and spanning traditional to new media.
A US leader for all matters related to media, Davis Wright Tremaine is widely recognised for its work in First Amendment litigation, pre-publication and pre-broadcast advice. Based in New York, industry specialist Robert D. Balin acts for local and multinational firms in cases of defamation, privacy and copyright. The firm’s specialisations include entertainment, radio, television, digital media and advertising.
Hogan Lovells is widely recognised for its extensive involvement in high profile cases on behalf of media and entertainment clients. With decades of experience, Mark J. Weinstein leads the practice group working with clients from the print, film, broadcast and games sectors. His experience includes representation of public and private companies in purchases and sales of professional sports franchises and venues.
Latham & Watkins works with entertainment and sports clients. Joseph A. Calabrese leads the media practice, working from the firm’s Los Angeles office, advising on corporate, transactional and financial aspects of sector-related deals. The team assists with the creation, operation and financing of entertainment and media companies, including negotiating complex distribution and licensing agreements, mergers and acquisitions and structured finance transactions.
Carolyn S. Toto, the team advises on financing, production and distribution of motion pictures. Related experience includes assisting with the acquisition of film and programming rights and the purchase and sale of libraries. Cydney Tune, who works at the firm’s San Francisco practice, takes the lead in cases connected with music, video and multi-media.
Multi-disciplinary practice Sheppard, Mullin, Richter & Hampton is praised by clients and competitors. Robb Klein and Morgan Sloane are among practitioners highlighted by clients. The team is described as “Excellent, responsive, proactive and problem solving”. The firm’s work includes the representation of Snapchat on the launch of the Discover platform on the Snapchat app. Lawyers advised on the production of all original content. The team also acted for AwesomenessTV in its multi-year content creation and licensing deal with DreamWorks Animation and Verizon.
First Amendment and media litigation specialist Cahill Gordon & Reindel has decades of experience defending free speech. Working on complex disputes, the team advises on libel, privacy rights and copyright. Based in New York, Joel Kurtzberg and Susan Buckley advise newspaper and magazine publishers, broadcast networks, motion picture and music distributors.
Debevoise & Plimpton’s TMT division is active in corporate and transactional cases. Based in New York, Michael J. Gillespie advised Organizações Globo on its strategic alliance with News Corp. and Televisa to provide pan-regional DTH television services in Latin America. The firm was also appointed by Discovery Communications in its USD 195 million investment in Lions Gate Entertainment. Other notable lawyers include , managing partner of the Washington office, who leads the firm’s corporate, intellectual property, information technology and e-commerce practices.
Tiffany Amlot is among the firm’s key practitioners for media law and advises newspaper publishers and broadcasters on disputes. In the New York office Michael Bamberger leads on cross-region First Amendment cases while David Baum handles commercial and finance-related cases involving entertainment, intellectual property, sports and music.
Working from New York and Los Angeles, Frankfurt Kurnit Klein & Selz represents clients on multiple media cases. The firm focusses on cross-border transactions and global media clearance. Lawyers assist with interactive entertainment, copyright, advertising, celebrity branding and litigation. The practice has over three decades of experience advising on production, distribution, syndication, broadcast and financing. Managing partner Jeffrey A. Greenbaum and co-head of media S. Gregory Boyd are the firm’s key practitioners.
Loeb & Loeb is highly regarded by peers for its handling of entertainment and media cases. The firm’s industry specialisations include interactive and digital entertainment, radio, publishing and sports. Managing partner Craig A. Emanuel, based in Los Angeles, is involved in the negotiation of strategic distribution agreements with leading studios. Working from the firm’s New York office, Roger M. Arar focusses on television finance, production, distribution and talent
Perkins Coie’s service areas include sports, entertainment and advertising. Seattle-based Lynne E. Graybeal and William Cheever Rava lead on industry cases, representing artists, authors, publishers, sports teams and musicians. Lawyers have extensive knowledge of digital media and interactive entertainment. Other areas of focus include copyright litigation, communications, marketing and technology.
Media work at Skadden, Arps, Slate, Meagher & Flom is driven by corporate and transactional cases. Working with clients from the entertainment industry, lawyers assist with purchases, sales and proposed M&As. Representative works includes advice to 21st Century Fox in its proposed USD 80 billion acquisition of Time Warner, representation of Walt Disney in its USD 4 billion acquisition of LucasfilM and assistance to XM Satellite Radio in its USD 13 billion tax-free merger-of-equals with Sirius Satellite Radio. Thomas H. Kennedy and Stuart D. Levi are the firm’s key practitioners.
Venable’s lawyers have in-depth knowledge of the home entertainment, new media and advertising industries. The firm’s work includes assisting prominent independent feature film groups with production transactions and financing. The team represented independent film producers in a USD 5 million fraud and breach of contract suit brought by foreign investors. Lawyers also acted for a leading advertising agency in a USD 40 million indemnity action against its former client.
Arent Fox acts for diverse entertainment clients on transactional, regulatory and royalty rate-setting matters across all segments of the media industry. The practice is particularly known for its work with clients form the digital media, television, motion pictures and music sectors. Lawyers work from multiple locations including Washington, New York, Los Angeles and San Francisco.
Cravath, Swaine & Moore is known for its work with leading broadcasters and entertainment companies including Time Warner, Walt Disney and A&E Television. The team handles complex transactional matters and litigation. Lawyers are noted for their experience in intellectual property disputes and governmental regulatory investigations. Managing partner Robert H. Baron works closely with
Well regarded by its competitors, Manatt, Phelps & Phillips is highlighted for its increased market visibility. The firm’s core service areas include advertising, marketing, entertainment and digital media. Under the leadership of Linda A. Goldstein the media team also assists clients with online gaming, branded entertainment and mobile marketing.
Mitchell Silberberg & Knupp’s primary focus is on entertainment. Lawyers assist with transactions involving the development, financing, production and distribution of motion picture and interactive projects. In notable work the team negotiated the financing arrangement for a more than 20 high budget films with an estimated value of USD 1.5 billion. Lawyers also have extensive experience advising on joint ventures, publishing and licensing agreements, advertising and copyright.
Morgan, Lewis & Bockius represents traditional and emerging media companies on regulatory and transactional issues notably involving radio and television. Washington partners Andrew D. Lipman and Catherine Wang manage the TMT practice, which also focusses on media ownership, competition and copyright issues.
Patterson Belknap Webb & Tyler has significant litigation experience. Lawyers act in complex commercial and antitrust cases across a range of media segments. The entertainment and sports practice is also active in cases involving corporate, financial and intellectual property matters. Saul B. Shapiro, Robert P. LoBue and John P. Schmitt are the firm’s key industry contacts with experience representing music companies, cable operators sports teams and associations.
Arnall Golden Gregory’s dedicated practice group specialises in the defence of libel, defamation and invasion of privacy. Based in Washington and Atlanta respectively, Ross A. Buntrock and Robert L. Rothman focus on disputes, commercial litigation and regulatory advice.
Foley & Lardner’s work covers sports, advertising, and copyright with broader emphasis on technology. The practice focusses on sports franchise investments, acquisitions, financing and commercial transactions. In representative work, lawyers acted for Guggenheim Baseball Management, the ownership group of the Los Angeles Dodgers, in its new television rights deal to launch SportsNet LA, a regional sports network for the franchise.
The media law practice group at Steptoe & Johnson routinely works with communications industry clients on matters ranging from copyright to complex commercial disputes. Core service areas include digital media, entertainment and e-commerce. The team advises on cases of defamation, commercial speech and corporate expression. In notable work lawyers assisted a production company on television co-production agreements with Chinese production companies for the broadcasting and distribution of television shows in China. Allan and Shannen W. Coffin are the firm’s primary contact for media law, working from New York and Washington respectively.
Kelley Drye & Warren has a respected practice committed to media and entertainment litigation, representing defendants and plaintiffs. In highlighted work the team successfully defended two television studios against a claim by two talent agencies for an increased percentage of the revenue generated by the off-network distribution of a television series. Led by Los Angeles-based Lee S. Brenner, the team also aced for a Los Angeles television station against defamation and invasion of privacy claims.
The media group at Robins Kaplan works across a range of sectors. The team handles cases on behalf of advertising agencies, actors, musicians and athletes. Lawyers advise on independent motion picture and television production and distribution. Practice leader Mark Passin advises on high-profile disputes between recording artists and record companies, on royalty audits and motion picture profit participations.
Music specialist Ziffren Brittenham has extensive experience representing clients from the music industry. The firm has acted for more than 30 members of the Rock and Roll Hall of Fame and has negotiated multiple global rights deals. Lawyers advise numerous independent music labels and assist independent family entertainment and video game companies. Founding partner Skip Brittenham handles transactional cases and has supervised numerous successful public offerings of media companies.
Ranking and editorials
Davis & Gilbert
Davis Wright Tremaine
Latham & Watkins
Debevoise & Plimpton
Frankfurt Kurnit Klein & Selz
Jenner & Block
Kramer Levin Naftalis & Frankel
Loeb & Loeb
Skadden, Arps, Slate, Meagher & Flom
Arnold & Porter Kaye Scholer
Covington & Burling
Cravath, Swaine & Moore
Manatt, Phelps & Phillips
Milbank, Tweed, Hadley & McCloy
Mitchell Silberberg & Knupp
Morgan, Lewis & Bockius
Patterson Belknap Webb & Tyler
Arnall Golden Gregory
Foley & Lardner
Kirkland & Ellis
Ladas & Parry
Morrison & Foerster
Paul, Weiss, Rifkind, Wharton & Garrison
Steptoe & Johnson
Weil, Gotshal & Manges
Winston & Strawn
Clarick Gueron Reisbaum
Harris, Wiltshire & Grannis
Hughes Hubbard & Reed
Irell & Manella
Kelley Drye & Warren
Kellogg Hansen Todd Figel & Frederick
Ropes & Gray
Squire Patton Boggs
RANKING AND EDITORIALS