News Wiggin advises Sugar Films on investment deal with Sky and Mark Hollinger

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LONDON –  Corporate lawyers at media, technology and IP firm Wiggin have advised independent production company Sugar Films on its investment deal with Sky.  Former Discovery Networks International president and CEO Mark Hollinger will also take a stake in the company and become Chairman.

Sugar Films was founded in 2015 by senior television professionals Kwadjo Dajan, Narinder Minhas, Lucy Pilkington, Nav Raman and Pat Younge.  It aims to produce bold, popular and provocative television and digital content for mainstream and diverse audiences.  It has already secured a number of commissions, including a digital shorts series with Channel Four and a documentary with BBC2.  The investment by Sky and Mark Hollinger will support the co-founders of Sugar Films in the creation and delivery of further scripted and non-scripted projects, both in the UK and internationally.

Wiggin Partner and co-head of the Corporate practice Michael Brader led the team who advised Sugar Films on this deal.  Brader has a market-leading practice in independent TV creations, mergers and acquisitions.  His recent work includes advising: Endemol Shine on its investment in Lenny Henry’s Douglas Road Productions; Full Fat TV on the sale of a 25%-stake to FremantleMedia; Blast! Films on its sale to Sky; Neal Street Productions on its sale to All3Media; Mammoth Screen on its sale to ITV; Love Productions on the sale of a majority stake to Sky.