A sign is seen outside the law firm O’Melveny & Myers’ legal offices in Washington, DC, US, May 10, 2021. REUTERS/Andrew Kelly
(Reuters) – Los Angeles-based O’Melveny & Myers said on Tuesday it has acquired a media and technology industry distributor that has handled transactions for companies including Roku Inc, Warner Media LLC and Home Box Office Inc.
In the year Matthew Sirkin O’Maleveny, who was the global chairman of Hughes Hubbard & Reed’s media, technology and business transactions group since 2007, is joining the firm as co-chairman of the media-technology group.
Omelveni Chairman Bradley Butwin said in a statement that Sirkin will help the firm meet the need for “sophisticated, innovative and proactive advisors in the media and technology space.”
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Hughes Hubbard’s website no longer offers the media, technology and trading group it listed earlier this year, archived websites show. Hughes Hubbard Chairman Ted Meyer said in a statement that the firm still has a “thriving” media practice in its corporate and M&A practices, representing Paramount Global, Sony Music, AMC Networks Inc, Sotheby’s and MSG Entertainment Corp.
Sirkin said he is bringing in “a large list of industry leaders” for Omelveni, though he declined to name them. He says O’Melveni’s history in the entertainment world and his willingness to evolve with the ever-changing industry is a big draw for him.
“Technology is becoming very industry agnostic these days, which is really an understatement happening here,” he said.
According to Sirkin, the convergence of media and technology represents a new wave that will help propel the legal agreement market in the future, citing Sotheby’s creation of a first-of-its-kind art style as an example.
In April, O’Maleveny advised the New York-based sports and entertainment company on its acquisition of Infinite Reality LLC by Metaverse Development Company.
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