Delighted to see our client Banijay, the world’s largest independent production company, going from strength to strength, as they post revenues in excess of $3bn. We have acted for Banijay on a number of recent acquisitions, including both the flagship ventures (Kindle Entertainment and Mam Tor) highlighted in Deadline’s article. 2022 and Q1 of 2023 saw considerable M&A activity in the media sector, a trend I expect (and hope!) will continue throughout 2023.
Banijay Earnings: Revenue Rockets Past $3B After Major Spending Spree (deadline.com)
An Advance Subscription Agreement (ASA) is a financial arrangement between an investor and a company, often a startup or early-stage business. Under this agreement, the investor pays in advance for shares that will be issued at a later date, typically during the company's next funding round.
Read moreFor many founders, securing a strong customer base is central to their company’s long-term value. But what happens when the business is sold, and a key contract allows customers to walk away? This is where Change of Control provisions come into play. Too often overlooked during negotiations, these clauses can have serious ramifications for both your company's valuation and your future business prospects. Here's why founders should carefully consider these provisions.
Read moreIn this article, we are considering negotiated contracts rather than those which one party imposes on another by way of clickwrap or similar methodologies.
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