Stubbs Alderton & Markiles, LLP (SA&M) represented client Funny Or Die (FOD) in the sale of its branded content studio to Roku, and subsequently in the sale of the company to Henry R. Muñoz III, a prominent business leader and philanthropist.
Funny Or Die, an Emmy Award-winning leader in comedy entertainment, has expanded into a full-service video website and television production company that is now the number-one comedy brand across digital, social, and mobile channels.
The sale consists of the Funny Or Die content library, original production slate, and all social media assets that include over 40 million followers. LionTree served as the financial advisor throughout the duration of the deal, while SA&M worked with Funny Or Die as its legal advisor. The deal demonstrates the firm’s commitment to providing clients with top-tier transactional services in the entertainment and media industries.
The Internet, Digital Media & Entertainment Practice Group advises individuals and companies across all aspects of their corporate, strategic and licensing businesses, including in connection with a full range of mergers, acquisitions, dispositions, joint ventures and other strategic transactions. For more information about the Internet, Digital Media & Entertainment practice, contact Greg Akselrud at firstname.lastname@example.org.