Kirkland & Ellis LLP served as legal counsel in connection with the creation of Valence Media (Valence), a diversified media company with divisions or investments in premium television, wide release film, specialty film, live entertainment and digital media. Financial terms of the transaction were not disclosed. As a combination of three successful media companies, Billboard-Hollywood Reporter Media Group, dick clark productions and MRC, Valence will leverage the expertise and resources of all three businesses and seek new business development opportunities. The full release is available here.
The Kirkland team was led by corporate partners Damon R. Fisher and Luke Guerra and included corporate associates Jean A. Lee and Melody Fahimirad; debt finance partner David Nemecek and associates Nichole Lopez-Tackett and Liliya Gritsenko; tax partner Sara Zablotney and associate Tristan Evans-Wilent; executive compensation partner Michael Krasnovsky and associate Julia Onorato; and technology and intellectual property transactions partner Seth Traxler and associate Matthew Colman.