Lowenstein Sandler acted as legal advisor to Serial and This American Life. Morgan, Lewis & Bockius LLP and Davis Wright Tremaine LLP acted as legal advisors to The Times.
The New York Times Company (NYSE: NYT) entered into an agreement to acquire Serial Productions, the company that produces the groundbreaking “Serial” podcast. In addition to the acquisition, The Times also announced that it had entered into an ongoing creative and strategic alliance with “This American Life” that will enable it to continue to collaborate on long-form audio stories with Serial Productions and to collaborate on marketing and advertising sales with The Times. The terms of the transaction were not disclosed.
The New York Times Company (NYSE: NYT) is a global media organization dedicated to enhancing society by creating, collecting and distributing high-quality news and information. The Company includes The New York Times, NYTimes.com and related properties. It is known globally for excellence in its journalism, and innovation in its print and digital storytelling and its business model.
“This American Life” is among the most popular weekly podcasts in the world with more than 2.8 million downloads per episode as well as 2.2 million weekly listeners across 500 public radio stations.
Morgan Lewis partners Russell Franklin (Picture) and Robert Dickey and associate Katherine Dean represented The New York Times Company.
Lowenstein Sandler represented both Serial Productions and “This American Life” with a eal team included partners Ed Zimmerman (New York), Anthony W. Raymundo (Palo Alto), and Matt Savare (New York).
Involved fees earner: Anthony Raymundo – Lowenstein Sandler LLP; Matt Savare – Lowenstein Sandler LLP; Ed Zimmerman – Lowenstein Sandler LLP; Katherine Dean – Morgan Lewis; Robert Dickey – Morgan Lewis; Russell Franklin – Morgan Lewis;