China Media Capital Forms Joint Venture with Warner Brothers for New Flagship Movie Studio

September 20, 2015

Los Angeles and Shanghai – Paul Hastings LLP, a leading global law firm, announced today that it advised China Media Capital in forming a joint venture with Warner Bros. Entertainment Inc. to launch a new movie studio. The new movie studio intends to develop and produce a slate of Chinese-language films, including global tent-poles, for distribution around the world, including in China. The closing of the transaction is subject to customary conditions.

The transaction brings together one of the leading movie studios in the world with China’s leading media-focused private equity fund to focus on developing a new movie studio that will develop, produce, market and distribute motion pictures.

The Paul Hastings team was led by David Hernand (Partner, M&A), David Wang (Partner, M&A), Jia Yan (Partner, M&A), Douglas Schaaf (Partner, Tax), Scott Hataway (Partner, Merger Controls), Nathaniel Edmonds (Partner, Government Compliance), Tiffany Lee (Partner, IP Transactional), Tim Sung (Of Counsel, Capital Markets) and Associates Olga Marshall and Adam Young.

Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.