News Wiggin advises Left Bank on its acquisition by Sony

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Wiggin LLP, one of the UK’s leading media law firms, has acted as the key legal advisor to the shareholders of Left Bank Pictures on its acquisition by Sony.

Left Bank Pictures, one of the largest drama producers in the UK, was founded in July 2007 by Andy Harries (CEO) and Marigo Kehoe (Managing Director) and is a BAFTA, RTS, Golden Globe and Emmy award-winning television production. Their close relationship with leading writers, directors and on-screen talent allows them to produce innovative feature films, television dramas and cutting edge comedies.

This unique transaction enables Left Bank to continue to operate independently, producing their award-winning programmes with the support of Sony Pictures Television. Left Bank Pictures will now gain the global infrastructure it needs for its output to be maximized worldwide.

Marigo Kehoe and Andy Harries of Left Bank Pictures said of the deal, “Michael Brader, Benedict Headicar and the team at Wiggin were brilliant throughout the process of the sale of Left Bank.  They were unfailingly supportive and available at all times.  They were always on hand for a straightforward explanation of all particularly complicated points and managed always to keep a wonderful sense of humour even when the going got tough!  Andy and I could not recommend Michael and his team more highly for their dedication, attention to detail and incredible work ethic.”

The Wiggin team was led by partner Michael Brader, a specialist in the independent television production sector, who has led teams on some of the more iconic transactions in the space, including, Shine’s acquisition of Kudos Film & Television, Endemol’s acquisition of Tiger Aspect, the sale of Optomen Television to All3Media, the sale of Base Productions to Tinopolis, the sale of Remedy Productions to Argonon and the sale of Betty TV to Discovery Communications.

Commenting on the deal, Michael Brader said, “This is the latest deal in a succession of high profile acquisitions that Wiggin has advised on. It reinforces the strong presence Wiggin enjoys in the independent TV production M&A market.”