Amblin Partners’s Formation

On December 16, 2015, Steven Spielberg, Principal Partner, DreamWorks Studios; Jeff Skoll, Chairman, Participant Media; Anil Ambani, Chairman, Reliance Group; and Darren Throop, President and Chief Executive Officer, Entertainment One (eOne) announced the formation of Amblin Partners, a new film, television and digital content creation company. Cravath represented Steven Spielberg and Amblin Partners in connection with this transaction.

The new company will create content using the Amblin, DreamWorks Pictures and Participant brands. Participant Media will remain a separate company.

The Cravath team included partner Faiza J. Saeed and associate Nicholas M. Foley on corporate matters; partner Lauren Angelilli and associate Richard Bohm on tax matters; associates Matthew Cantor and Michelle M. Garrett on executive compensation and benefits matters; and partner George E. Zobitz, senior attorney Christopher J. Kelly and associates David J. Kohtz and Gabriella Kleeman on financing matters. Claudia J. Ricciardi also worked on corporate matters.