Olswang has advised All3Media, the leading independent television, film and digital production and distribution company, on its acquisition of acclaimed drama production company New Pictures Limited.
The New Pictures team have enjoyed success with hit returning drama series The Missing and Indian Summers, and have had two new thriller series Rellik and Requiem commissioned by BBC One.
General Counsel of All3Media Donall Crehan commented: “Olswang’s corporate experience and media sector insight was invaluable on this deal, which marks a great opportunity for All3Media and for the outstanding creative team at New Pictures. We wish to thank Paul Guite and the Olswang team for helping make this a smooth process and meet a challenging timetable.”
Olswang Corporate Partner Paul Guite said: “It was a pleasure to work with the All3Media team on this acquisition and we look forward to hearing of the continued success of New Pictures as part of the All3Media group.”
Olswang Corporate Partner Paul Guite led the deal along with Media Partner Victoria Gaskell and assistance from Corporate Associate Alice Hyde, Media Senior Associate Rebekah Hayes, Media Paralegal Bethanie Mantin, Tax Partner Mark Joscelyne, Tax Legal Director (Barrister) Matthew Wentworth-May, Tax Senior Associate Jacob Gilkes, and Employment Senior Associate Ed Arnold.