As entertainment and media companies faced the challenge of staying afloat during the global pandemic, Venable and its LA office have been a steady and stable presence throughout. In addition to helping above-the-line talent raise their profile, our team has been helping talent agencies, management companies, entertainment executives, production companies, distributors, studios, networks, and others to not only survive but thrive during a difficult time.
Venable has been a well-established presence in Los Angeles for over 15 years, and currently has more than 60 attorneys practicing within the entertainment space. Venable’s full-service team works side by side with entertainment lawyers and business managers to provide a full array of support in areas such as corporate, litigation, tax, intellectual property, estate planning, employment, real estate, data privacy, trademark, and nonprofit. We’ve done it all, and always with an appreciation of the unique concerns of talent and other players in the entertainment industry.
Throughout the pandemic, Venable has worked with leading industry players to restart productions and to identify new growth opportunities. For instance, the uptick in demand for streaming content has caused existing studio space in Los Angeles and elsewhere to become even more valuable, and the demand for studio space continues to rise. In response to this demand, Venable has facilitated major real estate deals, including purchases, sales, and sale/leasebacks of stage, studio, and office space, as well as “headquarter deals,” each on behalf of the most established media and entertainment companies.
Aside from the increase in content production, new technology accelerates changes in content delivery. And so, identifying future streams of income—such as those from digital rights—can help creative and financial contributors realize sustained returns. Venable is well attuned to the connections between entertainment, commerce, and technology, and has helped a variety of producers, production companies, distributors, and advertisers spot opportunities to expand the use of content and increase audience size.
The team also works with celebrity and high-profile clients looking to boost brand value through endorsements, influencer deals, or licensing opportunities. In this sphere, they rely on Venable’s deep bench to provide counsel on rights of publicity and managing the use of name, image, likeness, and trademarks.
With their industry evolving at an accelerated rate, entertainment clients need tailored solutions that look beyond the immediate deal toward the ultimate business goal. Listening to their clients and then designing contextual solutions has allowed Venable attorneys to earn trust and to become loyal and cost-conscious partners. Now, as more clients are returning to full operation and then some, Venable will be at their side, helping them grow and growing alongside them.
For more information, please visit Venable.com.
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