June 26, 2018

Milbank Advises ProSiebenSat.1 on the Integration of maxdome and the Eurosport Player into the 7TV Joint Venture with Discovery

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The international law firm Milbank LLP has advised ProSiebenSat.1 Media SE on the integration of maxdome and the Eurosport Player into the 7TV Joint Venture with Discovery.

ProSiebenSat.1 and Discovery intend to build the leading local streaming platform in Germany by integrating 7TV, maxdome and Eurosport Player in one place. This will be a pioneering OTT platform in Germany offering the full entertainment package of live stream, an extensive media library with local content and the best from Hollywood as well as high-quality sports content. Since September 2017 ProSiebenSat1 and Discovery Communications offer their jointly created content via 7TV.

ProSiebenSat.1 is the leading German entertainment player with a strong eCommerce business. Discovery, Inc. (Nasdaq: DISCA, DISCB, DISCK) is the world´s leading supplier of Real-Life-Entertainment. Founded in 2006, maxdome has been a pioneering platform for video on demand services in Germany. Today it is one of the largest VoD stores in Germany one of the largest content catalog with over 50,000 titles of the best entertainment. The Eurosport Player is Europe’s leading direct to consumer digital streaming service and offers access to all the sports on the Eurosport channels.

A Milbank team led by Michael Pujol comprehensively advised ProSiebenSat.1 Media SE as lead counsel on corporate, tax, finance and competition law in relation to the transaction.

Advisor ProSiebenSat.1 Media SE, Discovery: Milbank LLP

Michael Pujol (lead, Corporate/M&A, Munich), Thomas Kleinheisterkamp (Tax, Munich), Alexander Rinne, Katharina Kolb, (both Antitrust, Munich), Christoph Rothenfußer, Sebastian Reiner-Pechtl, Florian Mader, Dominik Waldvogel (all Corporate/M&A, Munich), Mathias Eisen, Thomas Moeller (both Finance, Frankfurt), Tom Quirxtner (US law, Los Angeles).

Inhouse ProSiebenSat.1 Media SE

Dr. Robert Loef (lead, Vice President Corporate/M&A), Dr. Fabian Ziegenaus (Senior Legal Counsel Distribution), Dr. Florian Kolb (Vice President IT/Diversification), Frank Winkler (Senior Legal Counsel / License Acquisitions & Sales), Dr. Stefan Mayer (Senior Manager M&A International Tax Affairs), Moritz Graf von Merveldt (Chief Compliance Officer, Kartellrecht), Dr. Katja Hansen (Legal Director / Legal Affairs Digital Entertainment & Commerce), Dr. Stefan Hanloser (VP Da-ta Protection Law), Marc Altmeyer (Senior Legal Counsel / LA Digital Entertainment & Com-merce), Alexandra Häfner (Labour Law and M&A), Daniela Fischer (Senior Legal Counsel / New Ventures Digital & Merchandising Law), Julia von der Bey (Vice President Civil-, Commercial Law & IP Rights).