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O’Melveny deal team advises Alibaba on NewTV investment

An O’Melveny team led by Matthew Erramouspe, co-chair of the Entertainment, Sports & Media practice, advised Alibaba Group on its investment in NewTV, the mobile entertainment startup launched by former Disney and Dreamworks exec Jeffrey Katzenberg. 

NewTV, led jointly by Katzenberg and former eBay CEO Meg Whitman, will acquire and produce short-form premium content and sell it via subscription to mobile-device users.

Messrs. Erramouspe and Monroe have previously advised Alibaba in strategic transactions with US companies focusing on the creation and exploitation of motion pictures, television programming, and other content. Additionally, O’Melveny has in the past acted as counsel to Chinese and other overseas companies in a number of cross-border deals across industries.

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