Sheppard Mullin Guides Lionsgate in Acquisition of eOne from Hasbro
The firm is representing Lionsgate in its acquisition of independent content platform eOne from leading toy and game company Hasbro, Inc., in a transaction valued at $375 million. eOne is a world-class producer of scripted and unscripted television and motion pictures with global distribution and a 6,500-title film and television library. Under the agreement, Lionsgate is set to acquire a library that includes titles such as 1917, Atomic Blonde, Green Book, Grey's Anatomy, Criminal Minds, Renegade and Designated Survivor. eOne's scripted television business is powered by The Rookie TV franchise, now in its sixth season on ABC, the hit spinoff The Rookie: Feds, and production of Showtime's critically acclaimed horror thriller Yellowjackets. eOne's unscripted business is led by the long-running hit reality series Naked & Afraid, now in its 11th season on Discovery.
Lionsgate encompasses world-class motion picture and television studio operations aligned with the STARZ subscription platform to bring a unique and varied portfolio of entertainment to consumers around the world. Lionsgate’s film, television, subscription and location-based entertainment businesses are backed by a 18,000-title library and a valuable collection of iconic film and television franchises.
The transaction is expected to close by the end of 2023. The Sheppard Mullin deal team representing Lionsgate is led by Corporate and Entertainment partners Linda Michaelson, Shaun Clark and Aerin Snow with invaluable assistance from partner Josh McLane and associates Joseph Ireland and Meaghan Allen.
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