Covington & Burling LLP | Biographies

Mace Rosenstein is a partner in the firm’s Washington office and is chair of the firm’s Communications and Media practice group and a member of our cross-disciplinary New Media working group. Mr. Rosenstein’s practice focuses on media and telecommunications transactions, regulation and compliance, and communications policy. He represents clients on a wide range of strategic matters, including mergers and acquisitions, joint operating agreements and similar arrangements, and has assisted in structuring and securing regulatory approvals for major acquisitions of broadcast and telecommunications properties. He advises private equity funds, banks and other investors on federal law and regulation pertaining to foreign ownership and multiple and cross-ownership of media and telecommunications properties. He has assisted clients in effectuating changes in FCC rules in order to facilitate creative business concepts, both through rule waivers and in complex rulemaking proceedings before the FCC and in the federal courts. He also counsels US broadcast networks and television and radio station group owners on regulatory and compliance matters.

Representative Matters

Represented a consortium of five private equity firms in their $13.5 billion acquisition of Univision Communications Inc.
Represented Providence Equity Partners in its $1.1 billion acquisition of the Clear Channel Communications television stations.
Represented a consortium of a Canadian pension fund and US private equity firms in their $33 billion acquisition of BCE, Inc., the parent of Bell Canada.
Represented a major Mexican broadcaster in its launch of a US Spanish-language network and investment in US television stations.
Represented a major US television network in separate FCC and judicial proceedings to secure permanent relief from US foreign ownership limitations and the FCC’s newspaper/broadcast cross-ownership prohibition.