find the latest legal job
Corporate and Commercial Partner
Category: Corporate and Commercial Law | Location: Adelaide SA 5000
· Full time · Join a leading Adelaide commercial law firm
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Sydney NSW
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
In-house Legal Counsel & Commercial Lawyers
Category: Corporate and Commercial Law | Location: All Melbourne VIC
· Providing lawyers with flexibility and control over when they work, how they work and who they work for.
View details
Legal Inhouse / Lawyer / Company Secretary
Category: Other | Location: Brisbane QLD 4000
· Fantastic Company · Potential to be Part Time / Flexible Work Pattern
View details
Infrastructure Lawyer/SA
Category: Construction Law | Location: Sydney CBD, Inner West & Eastern Suburbs Sydney NSW
· Global elite law firm · Dedicated Infrastructure team
View details
ABL acts in Underbelly grab

ABL acts in Underbelly grab

Arnold Bloch Leibler has acted on behalf of international production conglomerate Banijay Group in the acquisition of a majority stake in the leading Australian production company Screentime.

Firms: Arnold Bloch Leibler (Banijay Group)

Deal: Acquisition of a majority stake in Screentime

Area: M&A

Value: Confidential

Key players: The transaction was conducted by ABL partner Rick Narev (pictured) and senior associate Kate Logan

Deal significance: The deal sees Banijay’s entry into Australia, New Zealand and Ireland, extending its presence to eleven countries globally, with Screentime’s catalogue to be distributed through Banijay International. Banijay will also draw upon Screentime’s expertise in the production of TV series, such as Underbelly, to forge a new presence in the scripted-content market.

Banijay Group is a French-based content creation company for television and multimedia platforms that was founded by former Endemol CEO Stephane Courbit with the backing of the European family interests associated with the LVMH and Fiat groups. Banijay comprises a network of leading international production companies and is engaged in strategic partnerships with innovative creative talent around the world. Formed in 1996 by Australian television industry veterans Bob Campbell, Des Monaghan and the Curran Family, Screentime is a specialist independent television production company with operations in Australia, New Zealand and Ireland. It produces drama, reality, observational documentary, factual and game shows. Past productions include the Cloudstreet mini-series and the Popstars reality series.

 “Negotiating a transaction where the parties will be working together as partners afterwards always requires a special sensitivity to preserve the goodwill that brought the parties together in the first place. In this case, we had the added responsibilities brought about by geographical distance and a European client undertaking its first transaction in Australia,” said Narev.

Like this story? Read more:

QLS condemns actions of disgraced lawyer as ‘stain on the profession’

NSW proposes big justice reforms to target risk of reoffending

The legal budget breakdown 2017

ABL acts in Underbelly grab
lawyersweekly logo
Promoted content
Recommended by Spike Native Network
more from lawyers weekly
Nov 24 2017
Demand lifts in 2017/18 for short-term finance to cover crises
Promoted by NWC Finance. The first five months of the 2017-18 financial year have seen unpreceden...
LCA welcomes religious freedom panel
Nov 24 2017
LCA welcomes religious freedom panel
The Law Council of Australia says the establishment of a panel which will examine the human right to...
Law Society launched a new website, legal politics and lawmaking
Nov 24 2017
Law Society launches project to engage young Aussies
The Law Society of NSW has launched a new website to engage young Australians in legal politics and ...
Allens managing partner Richard Spurio, image courtesy Allens' website
Jun 21 2017
Promo season at Allens
A group of lawyers at Allens have received promotions across its PNG and Australian offices. ...
May 11 2017
Partner exits for in-house role
A Victorian lawyer has left the partnership of a national firm to start a new gig with state governm...
Esteban Gomez
May 11 2017
National firm recruits ‘major asset’
A national law firm has announced it has appointed a new corporate partner who brings over 15 years'...
Nicole Rich
May 16 2017
Access to justice for young transgender Australians
Reform is looming for the process that young transgender Australians and their families must current...
Geoff Roberson
May 11 2017
The lighter side of the law: when law and comedy collide
On the face of it, there doesn’t seem to be much that is amusing about the law, writes Geoff Rober...
May 10 2017
Advocate’s immunity – without fear or without favour but not both
On 29 March 2017, the High Court handed down its decision in David Kendirjian v Eugene Lepore & ...