Linklaters has advised beIN Media Group, the diversified media company active in both sports and entertainment, on the successful acquisition of Digiturk, the leading pay-TV operator in Turkey. The deal completed last Friday (26 August) and represents the largest deal made in the history of the Group.
beIN has assets including beIN SPORTS, a premium and leading television network present in around 36 countries within North America, MENA, Europe and Asia through 38 channels. It also owns four movie and two children’s entertainment channels as well as distribution platforms in MENA.
Digiturk is the leading pay-TV operator in Turkey with approximately 3.5 million subscribers, offering a premium mix of leading sports and entertainment content across 219 standard and high definition channels.
The transaction was led by co-head of Linklaters Turkey Desk Daniel Cousens (Partner, Corporate) supported by Pavlos Kaimakliotis (Associate, Corporate) Klaudia Owskianka (Associate, Corporate and a number colleagues from Linklaters offices including Munich, London, Netherlands and Luxembourg.