Four Decades for Justice
Cravath has played an important role in shaping the current media and entertainment landscape. For over a century, the Firm has served as a trusted advisor to industry titans in transformational transactions and litigation throughout the world.
The depth of our experience in high-stakes media and entertainment matters provides our lawyers with valuable insights into sector-specific legal issues and risks, as well as the trends driving the industry.
Our corporate experience includes domestic and cross-border mergers, acquisitions and divestitures; spin-offs, joint ventures and strategic investments; bank financings; IPOs and other securities offerings; corporate board advisory and environmental, social and governance (“ESG”) matters; and financial restructuring and reorganization.
Our litigators have noteworthy insight into the particular industry‑specific issues that are affected by antitrust, securities and general commercial litigation, as well as contractual disputes, intellectual property disputes and governmental regulatory investigations.
The depth of our experience in high-stakes media and entertainment matters provides our lawyers with valuable insights into sector-specific legal issues and risks, as well as the trends driving the industry.
Our corporate experience includes domestic and cross-border mergers, acquisitions and divestitures; spin-offs, joint ventures and strategic investments; bank financings; IPOs and other securities offerings; corporate board advisory and environmental, social and governance (“ESG”) matters; and financial restructuring and reorganization.
Our litigators have noteworthy insight into the particular industry‑specific issues that are affected by antitrust, securities and general commercial litigation, as well as contractual disputes, intellectual property disputes and governmental regulatory investigations.
Deals & Cases
January 29, 2024
On January 25, 2024, the U.S. District Court for the Southern District of New York entered judgments against appropriation artist Richard Prince and his co‑defendants Laurence Gagosian, Gagosian Gallery and Blum & Poe gallery.
Deals & Cases
December 19, 2023
On December 11, 2023, a jury unanimously ruled in favor of Cravath client Epic Games (“Epic”) on all counts in its closely watched antitrust case against Google in the U.S. District Court for the Northern District of California, determining—after a multiweek trial—that Google has engaged in anticompetitive behavior in the distribution of mobile apps and in the handling of in‑app payments.
Deals & Cases
October 23, 2023
On October 23, 2023, OUTFRONT Media Inc. (“OUTFRONT Media”) and Bell Media announced that they have entered into an agreement to sell the Canadian business of OUTFRONT Media to Bell Media, a wholly‑owned subsidiary of BCE. The purchase price is C$410 million in cash, subject to certain adjustments and a holdback. Cravath is representing OUTFRONT Media in connection with the transaction.
Deals & Cases
August 08, 2023
On August 8, 2023, EchoStar Corporation and DISH Network Corporation (“DISH Network”) announced they have entered into a definitive agreement for DISH Network to combine with EchoStar Corporation in an approximately $6 billion all-stock merger. Cravath is representing the Special Committee of the Board of Directors of EchoStar Corporation in connection with the transaction.
Deals & Cases
August 08, 2023
On August 8, 2023, ESPN announced an agreement with PENN Entertainment (“PENN”) to launch ESPN BET, a branded sportsbook for fans in the United States. PENN Entertainment will rebrand its current sportsbook and relaunch as ESPN BET, effective this Fall in the 16 legalized betting states where PENN Entertainment is licensed. The rebrand includes the mobile app, website, and mobile website. In connection with the transaction, PENN Entertainment has agreed to grant ESPN warrants to purchase approximately 31.8 million PENN common shares that will vest ratably over 10 years, with the potential for ESPN to receive additional bonus warrants to purchase up to an additional approximately 6.4 million PENN common shares. ESPN is 80 percent owned by ABC, Inc., an indirect subsidiary of The Walt Disney Company. Cravath is representing The Walt Disney Company (“Disney”) in connection with the transaction.
Accolades
February 14, 2024
On February 12, 2024, Cravath was featured by Law360 as a “Mergers & Acquisitions Practice Group of the Year,” receiving the distinction for the eleventh time in thirteen years. The profile highlighted the Firm’s role representing the Snyder Family in its sale of the Washington Commanders to Josh Harris and partners, WestRock in its $20 billion combination with Smurfit Kappa, Brookfield Renewable in its and Cameco’s $7.875 billion acquisition of Westinghouse and Biogen in its $7.3 billion acquisition of Reata Pharmaceuticals.
Activities & Publications
February 08, 2024
On February 5, 2024, The Am Law Litigation Daily interviewed Cravath partner David R. Marriot in connection with his representation of photographers Donald Graham and Eric McNatt in winning judgments against appropriation artist Richard Prince and his co defendants Laurence Gagosian, Gagosian Gallery and Blum & Poe gallery, in a case at the intersection of art, technology and copyright law.
Activities & Publications
February 08, 2024
On February 5, 2024, World Intellectual Property Review interviewed Cravath partner David R. Marriott in connection with his representation of photographers Donald Graham and Eric McNatt in winning judgments against appropriation artist Richard Prince and his co defendants Laurence Gagosian, Gagosian Gallery and Blum & Poe gallery, in a case with important implications for copyright law and its application to art and technology.
Accolades
December 19, 2023
On December 15, 2023, The Am Law Litigation Daily featured a Cravath team, led by partners Gary A. Bornstein, Lauren A. Moskowitz and Yonatan Even, as “Litigators of the Week” for its representation of client Epic Games in an antitrust trial win against Google in the U.S. District Court for the Northern District of California. Following a multi‑week trial, on December 11, 2023, a jury unanimously ruled in Epic Games’ favor on all counts, determining that Google has engaged in anticompetitive behavior in the distribution of mobile apps and in the handling of in‑app payments.
Accolades
December 07, 2023
On December 4, 2023, The American Lawyer profiled Cravath’s litigation department in connection with its recognition as a finalist for the publication’s biennial “Litigation Department of the Year” award. The feature, entitled “Busier Than Ever: How Cravath’s Litigation Team Has Grown Into an Industry Powerhouse,” noted that “Cravath’s litigators have consistently landed on some of the country’s most high‑profile cases with the most at stake” over the past two years and praised the department as “at the ready to handle any complex, pivotal case that comes its way.” Speaking to the publication, partner Kevin J. Orsini discussed the breadth of the Firm’s recent successes, including representing Tesla CEO Elon Musk at trial to defeat a $13 billion derivative suit concerning Tesla’s SolarCity acquisition; Illumina and Louis Dreyfus Company each in separate trial wins against the government in respective FTC and DOJ antitrust merger challenges; Starz in a precedent-setting Ninth Circuit win against MGM; and Blue Cross Blue Shield in securing a summary judgment victory within one of the largest class actions in the country. Kevin also discussed the Firm’s commitment to “collaboration and connectivity” in its partnership, as well as the department’s unique ability to “handle a wide range of subject matters” in an era of increasing specialization.
Deals & Cases
January 29, 2024
On January 25, 2024, the U.S. District Court for the Southern District of New York entered judgments against appropriation artist Richard Prince and his co‑defendants Laurence Gagosian, Gagosian Gallery and Blum & Poe gallery.
Deals & Cases
December 19, 2023
On December 11, 2023, a jury unanimously ruled in favor of Cravath client Epic Games (“Epic”) on all counts in its closely watched antitrust case against Google in the U.S. District Court for the Northern District of California, determining—after a multiweek trial—that Google has engaged in anticompetitive behavior in the distribution of mobile apps and in the handling of in‑app payments.
Deals & Cases
October 23, 2023
On October 23, 2023, OUTFRONT Media Inc. (“OUTFRONT Media”) and Bell Media announced that they have entered into an agreement to sell the Canadian business of OUTFRONT Media to Bell Media, a wholly‑owned subsidiary of BCE. The purchase price is C$410 million in cash, subject to certain adjustments and a holdback. Cravath is representing OUTFRONT Media in connection with the transaction.
Deals & Cases
August 08, 2023
On August 8, 2023, EchoStar Corporation and DISH Network Corporation (“DISH Network”) announced they have entered into a definitive agreement for DISH Network to combine with EchoStar Corporation in an approximately $6 billion all-stock merger. Cravath is representing the Special Committee of the Board of Directors of EchoStar Corporation in connection with the transaction.
Deals & Cases
August 08, 2023
On August 8, 2023, ESPN announced an agreement with PENN Entertainment (“PENN”) to launch ESPN BET, a branded sportsbook for fans in the United States. PENN Entertainment will rebrand its current sportsbook and relaunch as ESPN BET, effective this Fall in the 16 legalized betting states where PENN Entertainment is licensed. The rebrand includes the mobile app, website, and mobile website. In connection with the transaction, PENN Entertainment has agreed to grant ESPN warrants to purchase approximately 31.8 million PENN common shares that will vest ratably over 10 years, with the potential for ESPN to receive additional bonus warrants to purchase up to an additional approximately 6.4 million PENN common shares. ESPN is 80 percent owned by ABC, Inc., an indirect subsidiary of The Walt Disney Company. Cravath is representing The Walt Disney Company (“Disney”) in connection with the transaction.
Accolades
February 14, 2024
On February 12, 2024, Cravath was featured by Law360 as a “Mergers & Acquisitions Practice Group of the Year,” receiving the distinction for the eleventh time in thirteen years. The profile highlighted the Firm’s role representing the Snyder Family in its sale of the Washington Commanders to Josh Harris and partners, WestRock in its $20 billion combination with Smurfit Kappa, Brookfield Renewable in its and Cameco’s $7.875 billion acquisition of Westinghouse and Biogen in its $7.3 billion acquisition of Reata Pharmaceuticals.
Activities & Publications
February 08, 2024
On February 5, 2024, The Am Law Litigation Daily interviewed Cravath partner David R. Marriot in connection with his representation of photographers Donald Graham and Eric McNatt in winning judgments against appropriation artist Richard Prince and his co defendants Laurence Gagosian, Gagosian Gallery and Blum & Poe gallery, in a case at the intersection of art, technology and copyright law.
Activities & Publications
February 08, 2024
On February 5, 2024, World Intellectual Property Review interviewed Cravath partner David R. Marriott in connection with his representation of photographers Donald Graham and Eric McNatt in winning judgments against appropriation artist Richard Prince and his co defendants Laurence Gagosian, Gagosian Gallery and Blum & Poe gallery, in a case with important implications for copyright law and its application to art and technology.
Accolades
December 19, 2023
On December 15, 2023, The Am Law Litigation Daily featured a Cravath team, led by partners Gary A. Bornstein, Lauren A. Moskowitz and Yonatan Even, as “Litigators of the Week” for its representation of client Epic Games in an antitrust trial win against Google in the U.S. District Court for the Northern District of California. Following a multi‑week trial, on December 11, 2023, a jury unanimously ruled in Epic Games’ favor on all counts, determining that Google has engaged in anticompetitive behavior in the distribution of mobile apps and in the handling of in‑app payments.
Accolades
December 07, 2023
On December 4, 2023, The American Lawyer profiled Cravath’s litigation department in connection with its recognition as a finalist for the publication’s biennial “Litigation Department of the Year” award. The feature, entitled “Busier Than Ever: How Cravath’s Litigation Team Has Grown Into an Industry Powerhouse,” noted that “Cravath’s litigators have consistently landed on some of the country’s most high‑profile cases with the most at stake” over the past two years and praised the department as “at the ready to handle any complex, pivotal case that comes its way.” Speaking to the publication, partner Kevin J. Orsini discussed the breadth of the Firm’s recent successes, including representing Tesla CEO Elon Musk at trial to defeat a $13 billion derivative suit concerning Tesla’s SolarCity acquisition; Illumina and Louis Dreyfus Company each in separate trial wins against the government in respective FTC and DOJ antitrust merger challenges; Starz in a precedent-setting Ninth Circuit win against MGM; and Blue Cross Blue Shield in securing a summary judgment victory within one of the largest class actions in the country. Kevin also discussed the Firm’s commitment to “collaboration and connectivity” in its partnership, as well as the department’s unique ability to “handle a wide range of subject matters” in an era of increasing specialization.
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